When first purchasing Microsoft Office 365 from the Telstra Apps Marketplace, you will be prompted to enter a subdomain for your Microsoft Office 365 account under the heading Microsoft Office 365 Domain. This subdomain will look like <yoursubdomain>.onmicrosoft.com and is required to set up your Microsoft Office 365 account. You will be able to set up Microsoft Office 365 with your own domain name such as yourdomain.com at a later step.
Important: Enter any words you like as the subdomain, but this cannot be changed and will be the default domain for your Microsoft Office 365 account so should represent your company name.