IBM and Vocus settle Census outage lawsuit
IBM, Vocus and Vocus subsidiary Nextgen have settled a lawsuit relating to the high-profile failure of the Australian Census website in 2016.
IBM, Vocus and Vocus subsidiary Nextgen have settled a lawsuit relating to the high-profile failure of the Australian Census website in 2016.
Vocus says that end to end capacity on the Australian Singapore Cable (ASC) is now 60 terabits per second (Tbps), up from its September 2018 debut of 40Tbps.
Vocus is preparing for the final stages of consolidating its core networks to a single ‘Supercore’ as it deals with the complex legacy of a string of acquisitions, particularly following the 2015-16 period of the M2 merger and acquisition of Nextgen.
Vocus will effectively operate as three standalone business units as part of a structure detailed today by the telco’s chief executive, Kevin Russell.
An acquisition of Vocus by Australian energy company AGL is back on the table. Vocus revealed this morning that it had agreed to due diligence terms with AGL.
Vocus says that private equity firm EQT Infrastructure doesn't intend to proceed with a proposed $3.3 billion acquisition of the ASX-listed telco group, whose brands include Dodo, iPrimus and Commander.
Energy company AGL has confirmed that it considered a foray into the telco sector through the acquisition of Vocus, but said it has withdrawn a non-binding, indicative offer for the company.
Vocus has granted non-exclusive due diligence access to a private equity firm, the telco announced this morning
Network operator Vocus says that the government should consider funding carrier-neutral backhaul as part of its mobile black spot program.
Vocus will continue delivering Internet services to Cricket Australia, with the sporting body signing a four-year contract with the telco.
Vocus says that its new Australia Singapore Cable will be ready for service on 14 September.
Vocus is upgrading its domestic network infrastructure ahead of the completion of the Australia Singapore Cable (ASC).
Vocus revealed today it has decided to split its Enterprise & Wholesale business into two operating segments.
Vocus has reported a $1.5 billion loss for the 12-months to 30 June, compared to a $64 million profit for FY16.
Vocus is the subject of a second acquisition bid, with the telco revealing this morning that Asian private equity firm Affinity Equity Partners had lodged a preliminary takeover offer.