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Home › Telstra seals $US697m Asian deal

 

Telstra seals $US697m Asian deal

2014-12-23 04:34:58| Telecom - Topix.net

Telstra has sealed a long awaited major Asian deal, announcing it would buy Pacnet, owner of the world's largest private submarine cable network. Telstra will control 46,000km of undersea cable stretching from Asia to the US and join Pacnet's Chinese joint venture, PBS, the first time a foreign company has provided an Internet Protocol Virtual Private Network there.

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