Telstra Closes Pacnet Acquisition, to Retire Pacnet Brand

Telstra Closes Pacnet Acquisition, to Retire Pacnet Brand Image Credit: Telstra

Telstra, Wednesday announced that it had completed the acquisition of Pacnet, a provider of connectivity, managed services and data centre services to carriers, multinational corporations and governments in the Asia-Pacific region. Telstra Group Executive, Global Enterprise and Services, Brendon Riley said Pacnet would be integrated into Telstra and the Pacnet brand progressively retired. 

Riley said that the completed acquisition will double Telstra’s customers in Asia, and greatly increase their network reach and data centre capabilities across the region. This includes the addition of the largest privately owned intra-Asia cable network, 29 data centres and the ability to further grow their China operations through the existing joint venture. Riley added that the acquisition will provide Telstra greater specialisation and scale, including the delivery of enhanced services, such as software-defined networking and opens up significant incremental opportunities for their business.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Telefónica Buys GVT from Vivendi in a $9.3 Billion Deal

NEXT POST

Windstream Acquires Chicago-based Fixed Wireless Provider Business Only Broadband

THE EDITOR'S DESK

UPCOMING EVENTS

Artelligence 2019

Network Virtualization and SDN Asia

Network Virtualization & SDN Americas

Mobile 360 Digital Societies 2019

TADSummit 2019

MWC Los Angeles 2019

The Digitrans Forum 2019

 

ON TWITTER

ON FACEBOOK