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Friday, 08 April 2011 17:33

Vocus buys Sydney & Melbourne CBD dark fibre nets

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Vocus Communications (ASX: VOC) is to acquire optical fibre networks in the Sydney and Melbourne CBDs presently owned and operated by Digital River Networks, for $3.95m in cash.

Vocus will also acquire the contracts with connected customers for the provision 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 added: "Vocus expects to make further investments in the fibre network to enhance its reach and sales." The present network is only some 59kms in total length.

Melbourne-based Digital River Networks was formed in 2001 as a metro fibre infrastructure developer and supplier of Dark Fibre for businesses. By 2004, it claimed to have rolled out "significant fibre networks in Sydney and Melbourne serving the growing dark fibre marketplace by inter-connecting key data centres, and by 2007 claimed to have expanded its network reach to most mainland capital cities, however this was not on its own fibre.

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