Displaying items by tag: Kevin Russell

Specialist fibre and network solutions provider Vocus has promoted Ellie Sweeney to the role of CEO.

Fibre and network solution provider Vocus has completed the building of its 12th fibre cable crossing of Sydney Harbour, providing additional capacity and redundancy for over-the-top service providers and data centre operators.

The Vocus Group board has recommended that its shareholders accept an offer Macquarie’s infrastructure fund and Aware Super to acquire the company at a valuation of $3.5 billion.

Fibre and network solutions provider Vocus has signed a three-year deal to provide secure national data and Internet services to the Australian Taxation Office.

The Vocus Group has reported total revenue of $1.78 billion for the 2019-20 financial year, a drop of 6% on the 2018-19 period.

The Vocus Group telecommunications company has entered a contract with the Barossa Joint Venture to build, operate and own a high-capacity submarine fibre optic network for the proposed Barossa offshore gas project in the Bonaparte Basin, to the north of Darwin.

Australian telecommunications company Vocus Group has announced a major step forward in its Future State program with the appointment of Arista Networks, Ciena's Blue Planet and DGIT Systems as partners to deliver the program.

Australia's fourth largest telecommunications company, the Vocus Group, has announced that it will be simplifying its business into three independent business units.

Australia's fourth largest telecommunications operator Vocus Communications has lost another suitor, with AGL Energy announcing on Monday that it had withdrawn its non-binding, indicative proposal to acquire the firm.

Vocus Communications has received another takeover offer, this time from AGL Energy, which has made a bid to buy all the shares in the company for $4.85 a share, meaning that the total bid would come to a shade over $3 billion.

Swedish private equity firm EQT Infrastructure has ended talks with Vocus Communications over a possible takeover which valued the company at A$3.3 billion, the Australian firm says.

Fibre network services provider the Vocus Group has held revenue more or less steady for the half-year 2019, with the company pulling in $974.2 million, a rise of 1% over the $967.3 million reported for the half-year 2018.

The Australia Singapore Cable is now fully operational and is the first carrier-owned cable system that will be a boon to both users and businesses in Australia, the Vocus Group announced on Friday.

The Australia Singapore Cable has been switched on for use ahead of its scheduled 14 September service date, following a major disruption on the Sea-Me-We3 submarine cable between Perth and Singapore.

Telecommunications provider Vocus Group will build a new fibre-optic cable link between Darwin and the Tiwi Islands in collaboration with the Northern Territory Government.

Telecommunications provider Vocus Group has seen a 16% drop in profit for the financial year 2018, with the company recording $127.1 million compared to $152.3 million for the previous financial year.

The cable-laying phase of the Australia Singapore Cable system is over, with the final splice having been completed south-east of Singapore.

The Vocus Group has signed a contract with Alcatel Submarine Networks to build a 4000-kilometre subsea cable linking the Solomon Islands, Papua New Guinea and Australia.

Telstra has appointed Vicki Brady, a former Singtel Optus executive, as group executive consumer and small business, following the sudden departure from the telco and the role by Kevin Russell.

About 8000 Telstra customers were put on NBN plans which specified higher speeds than could be achieved on their connections, Australia's biggest telecommunications provider has confessed.