Vocus buys dark fibre, customers for $4m

Vocus buys dark fibre, customers for $4m

Summary: Network company Vocus Communications is on an acquisition spree with the announcement of the takeover the assets of dark fibre network provider Digital River Networks for $3.95 million.

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TOPICS: Telcos
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in brief Network company Vocus Communications has continued its acquisition spree, announcing that it will purchase the assets and customers of dark fibre network provider Digital River Networks for $3.95 million.

Vocus is set to acquire approximately 59km of Digital River Networks' dark fibre network as well as the company's customers in both Sydney and Melbourne within four weeks, 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 datacentre and IP Transit products on a network entirely owned by Vocus," Spenceley said in a statement. "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."

Digital Rivers Network joins a long list of purchases made by the company over the past year. Vocus last week announced announced the acquisition of Perth-based datacantre provider PerthIX for $7 million.

Topic: Telcos

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Armed with a degree in Computer Science and a Masters in Journalism, Josh keeps a close eye on the telecommunications industry, the National Broadband Network, and all the goings on in government IT.

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