Telstra is selling most of its stake in Chinese car sales website Autohome to one of China’s largest insurers, Ping An Insurance Group, for A$2.1 billion (US$1.6bn).

Telstra has a big tick of approval as the best performer of all telcos in the Asia Pacific market last year, with global analyst firm IDC noting that industry specific solutions and cloud services - mainly in Australia - and its Indonesia joint venture with Telkom Indonesia helping in Telstra’s “upward push”.

Telstra’s investment juggernaut continues apace, with the big telco today announcing a strategic investment in Qiniu, a leading cloud-storage service provider that offers data hosting and processing for enterprises in China and across Asia.

Telstra has called a telephone press conference with barely 30 minutes notice to disclose that there has been a major breach of the Pacnet corporate network.

There’s new optics around Telstra’s PEN SDN platform: it’s going optical layer to enable high-bandwidth provisioning up to 100G with automated global POP fault restoration.

Telstra says its network reach and data centre capabilities to service the rapidly expanding China market have greatly increased due to last month’s acquisition of Pacnet.

Telstra is leveraging Pacnet’s Enabled Network (PEN), the first NaaS platform in Asia with global reach to use Software-Defined Networking (SDN) technology.

Telstra has reached the next level in the global game of telecommunications, becoming a much stronger regional telco powerhouse with the full acquisition of Pacnet Ltd.

Telstra has increased capacity on its long haul submarine cable network, introducing 100G wavelength (100 Gbps) connectivity across East Asia and the Pacific.

Telstra has gobbled up telco services provider Pacnet, which provides connectivity, data centre and managed services to carriers, multinational corporations and governments in the Asia-Pacific.

Telstra has confirmed reports that it is in discussions to buy Hong Kong based Pacnet, which has significant undersea cable and data centre operations across Asia Pacific.

Networking and data centre provider Pacnet has become one of the first providers of network services at the NSW Government’s GovDC data centre.

Global data centre and networking provider Pacnet has announced the "next evolution" of its PEN platform, dubbed PEN 2.0, due for a September release.

IT services company Global Cloud Xchange, has appointed a telecom industry veteran as its managing director of Australia and New Zealand.

Data services company Pacnet has been appointed to the federal government’s Data Centre Facilities Supplies Panel.

Pacnet’s equity joint venture in China, Pacnet Business Solutions, and China Telecom Chongqing have come together in a strategic partnership to advance data centre and cloud development in the south-western Chinese city of Chongqing.

Integrated technology solutions vendor Pacnet is expanding its IP VPN services to the Greater Mekong subregion of Asia encompassing Cambodia, Laos and Myanmar.

The ‘as a service’ fad continues. Now Pacnet has extended its Asia-wide networking services into a new technology it calls ‘networking as a service’.

Managed data connectivity provider and submarine cable operator, Pacnet, has appointed Paul Cooney as its Vice President of Customer Operations.

Submarine cable owner Pacnet will use NEXTDC's M1 facility to house the Melbourne portion of its Asia Pacific integrated data centre platform.