Ann: Update on Reseller Arrangements in Australia, page-116

This is what has happened.  Don't ask me how I know.

Telstra was pissed with Dicker Data distribution deal right after cleansing notice about Telstra.  They wanted exclusivity but was neither willing to commit for a min contract nor white label.  

However, even through Dickerdata, Telstra will be involved for data plans as OHM is now device/security certified on the network.

I believe this is better for BUD.  Jason Hall is motivated and see great future for IoT, not to mention their existing portfolio and ability to offer package deal to clients. I am confident they will turn out to be a great partner for BUD.

On other important note, it is naive on lot of posters here to hung up on Telstra.  There is a much bigger fish to fry globally which was well explained by @goldbear77  and BUD is well placed to take it on globally.
  
It will be utterly disappointing if this time next year we aren't sitting on very sizable revenue.