Talk:Pacific Internet

PROPOSED CHANGES TO THE PACNET PAGE

PACNET

Pacnet is a global telecommunications service provider formed from the operational merger of Asia Netcom and Pacific Internet on 8 January 2008.[3] It is owned by a private investor group comprising Ashmore Investment Management Limited, Spinnaker Capital Limited and Clearwater Capital Partners.[4] It was purchased by Australian telecommunications company Telstra on 23 December, 2014 [5]

HISTORY 2014 Telstra buys Pacnet On 23 December, 2014, Australian Telecommunications company Telstra announced it's acquisition of Pacnet, including in its China joint venture, PBS, which is licensed to operate a domestic Internet Protocol Virtual Private Network and provide data centre services in most major provinces in China. The aquisition is subject to completion adjustments. The transaction is subject to regulatory and Pacnet financier approvals and is expected to complete by mid-2015 5.