Vocus to acquire 59 km of dark fibre in Sydney and Melbourne
Telecommunications connectivity wholesaler Vocus Communications is set to acquire the assets of Digital River Networks, a national dark fibre network operator, for a sum of $3.95 million. The sale is expected to be completed within the next 4 weeks, subject to conditions precedent.
The focus of the acquisition is 59 km of dark fibre predominantly in the Melbourne and Sydney CBDs, as well as the associated customer contracts for the supply of dark fibre and metro ethernet services.
Vocus CEO James Spenceley said: “The addition of a dark fibre network brings a new product set to the company allowing Vocus to provide bundled metro fibre services with existing data centre and IP Transit products on a network entirely owned by Vocus.
“This is an important milestone for the company in our strategy to become the leading infrastructure provider to the telco, cloud computing and retail ISP markets,” he said.
Vocus expects to make further investments in the fibre network.
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