Vocus revenue grows 404 per cent in first half
Vocus Group revenue grew 404 per cent compared in the six months ending 31 December compared to the same period in the prior year.
Vocus Group revenue grew 404 per cent compared in the six months ending 31 December compared to the same period in the prior year.
Vocus Communications has completed its acquisition of Nextgen Networks, the company announced today. The deal with Nextgen Group also included the North West Cable System (NWCS) and the Australia Singapore Cable (ASC) development projects.
The Australian Competition and Consumer Commission (ACCC) will not oppose a move by Vocus Communications to acquire Nextgen Networks. The proposed deal, unveiled in June and worth approximately $861 million, also includes the still under development North West Cable System and Australia Singapore Cable.
Vocus Communications has moved to acquire Nextgen’s backhaul assets as well as the under-development North West Cable System and Australia Singapore Cable in a deal with approximately $861 million.
Nextgen Networks managing director David Yuile has been appointed CEO of Nextgen Group, the company announced this morning.
Consumers living in areas of Victoria between Warrnambool and Geelong will receive access to Nextgen Group’s optical fibre network following a partnership between the vendor and the Victorian government.
Nextgen Group subsidiary Metronode officially opened its second Perth data centre, Perth 2, this week. The facility has a 2.8 megawatt capacity and a power utilisation efficiency of 1.17.
Nextgen Group subsidiary, Metronode, officially opened its new Tier III data centre in Unanderra, Wollongong this month. The facility is one of two data centres used by the NSW government as part of its Data Centre Reform Strategy. Metronode’s other facility is located at Silverwater, West Sydney.
Nextgen Group subsidiary, Metronode, officially opened its new data centre in Silverwater, West Sydney this month. The facility will be used by the NSW government as part of its Data Centre Reform Strategy.
Nextgen Group subsidiary, Metronode, has officially opened its new data centre in Silverwater, West Sydney.
Nextgen Group hopes to double revenue to $600 million in five years by taking advantage of the NBN rollout and accelerating movement among businesses and government to the cloud and infrastructure-as-a-service, said Nextgen CEO Peter McGrath.