By Computer World
Vocus has paid Telecom NZ nearly $2.5 million to acquire 10 per cent interest in the Sea-Me-We 3 cable between Perth and Singapore.
Vocus said it bought the capacity in conjunction with “a long-term contract with a major enterprise customer”.
“The purchase of Sea-Me-We 3 from Telecom NZ reflects our focus on fibre optic infrastructure as one of the key growth drivers for the company and we expect strong demand for this capacity,” said Vocus CEO James Spenceley.