TasmaNet announced on Thursday it has completed the sale agreement of the telcos, with CEO Rob Vernon - who has been leading TasmaNet’s national expansion program since August - saying that, “The acquisition provides TasmaNet with a larger presence in the Queensland market, which is similar to the Tasmanian market in that innovative businesses rely on a close relationship with their technology providers to enable them to compete on an equal footing with their capital city and international counterparts.”
“VastNet and Netmode have a genuine focus on providing quality services to their customers, something that echoes TasmaNet’s approach,” Vernon said.
“On the back of the NBN and Queensland Government investments in fibre networks, TasmaNet will augment the Vastnet/NetMode infrastructure with its own to drive enhancements in automation and orchestration across the current product set, in addition to enabling many value-add over the top services to the VastNet/Netmode product mix, such as Secure SD-WAN, Firewall as a Service, and Private Cloud.
“TasmaNet is serious about its national growth strategy and driving inorganic growth through acquisitions, in line with industry wide consolidation, is very much part of our story moving forward.”
Keith Masterton, who recently joined TasmaNet following three years as General Manager for Business Channels at NBN Co, says the acquisition provides a vehicle for TasmaNet to meaningfully engage with partners in the local Queensland markets.
“TasmaNet’s partner-focused growth model is built on creating genuine relationships between ourselves and our partners. Being closer to our end-user customers with the ability to stand side by side to support our partners to find the best solutions for customers is very valuable,” Masterton said.
“Partners enjoy working with TasmaNet to deliver cost-effective and dependable Internet, networking, data protection, and cloud services to businesses. With the acquisition of Vastnet/Netmode, we are further expanding our partner footprint into every Australian state.”