Dec 26, 2014
Australia's Telstra buys Pacnet for $697m to boost enterprise market leadership in Asia-Pacific
Australia’s Telstra buys Pacnet for $697m to boost enterprise market leadership in Asia-Pacific
MELBOUREN: Telstra has announced it will be acquiring Pacnet Limited, an Asian provider of connectivity, managed services and data centre services for carriers, multinational corporations and governments, for a sum of US$697 million.
The acquisition of the Singapore and Hong Kong headquartered Pacnet includes interests in its China joint venture, PBS, which is licensed to operate a domestic…
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