Vocus acquisition nets E3 Networks data centres
Telecommunications wholesaler, Vocus Communications (ASX:VOC) has entered an agreement with E3 Networks to buy the company’s data centre business in Sydney and Melbourne.
Telecommunications wholesaler, Vocus Communications (ASX:VOC) has entered an agreement with E3 Networks to buy the company’s data centre business in Sydney and Melbourne.
Vocus Communications (ASX:VOC) has launched a “multilateral internet peering exchange” service, PacificIX, connecting Sydney and Auckland.
Four months after fibre wholesaler Vocus Communications Limited (ASX:VOC) sold for $20 million to a private equity firm and went public, the company has notched up a consolidated profit before tax of $5.69 million, some 501 per cent increase over the previous financial year’s earnings of under $1 million.
Vocus Communications’ decision to sell itself to an ASX-listed private equity firm and undergo a public offering appears to have paid off, with the initial prospectus closing oversubscribed.
Vocus Communications' new chairman, David Spence, has flagged the emergence of retail service providers on the National Broadband Network (NBN) as a growth opportunity as the company moves to list on the ASX.
Vocus Communications has been sold to an ASX-listed private equity firm for $20 million.
The Federal Government's decision to implement mandatory ISP-level content filtering is a bad day for the industry, according to one of the founding members of the Australian Network Operators Group (Ausnog).
The call for ramping up the roll out of the IPv6 standard has been renewed with a warning the world could run out of IPv4 addresses by as early as 2011.