January 18, 2025 Australia
The Australian government has pledged this week to provide an additional AU $3 billion (US$1.86bn) to support NBN Co's fiber network upgrades. NBN Co noted that the investment is in addition to more than AU$800 million (US$494m) of its own investment.NBN, which is a state-owned corporation of the...
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January 17, 2025 Australia
Australian carrier Telstra has this week detailed plans to form a joint venture (JV) with Accenture to speed up the company's data and AI roadmap. Telstra noted that the JV will enable its teams to operate more efficiently and effectively. The JV, which is set to be 60 percent owned by Accenture...
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January 03, 2025 Sydney
Global Switch recently announced that the sale of its Sydney data center business to HMC Capital had closed, and has officially confirmed previous reports it was seeking external investment for its London campus.“As part of its financing strategy to drive future growth, Global Switch has also...
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December 31, 2024 Australia
Australia's National Reconstruction Fund Corporation (NRFC) has invested AU$22.5 million (US$14.04m) in Canberra-based Vault Cloud which will be used to deliver "additional security capabilities for its existing contracts" and to expand its offerings including artificial intelligence (AI),...
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December 21, 2024 Australia
Australia's National Reconstruction Fund Corporation (NRFC) has invested AU$22.5 million (US$14.04m) in Canberra-based Vault Cloud. The investment will be used by Vault to deliver "additional security capabilities for its existing contracts" and to expand its offerings including artificial...
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December 13, 2024 Australia
Australian mobile network operator Telstra has been fined more than AU$3 million ($1.9m) following its 90-minute Triple Zero outage earlier this year. Thenetwork operator has paid the fine as confirmed by the Australian Communications and Media Authority (ACMA), which said the fine was handed to...
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December 05, 2024 Australia
Australian carrier Telstra has acquired MVNO Boost Mobile for a reported AU$145 million (US$94.1m) as confirmed by Boost Mobile founder Peter Adderton via a post on LinkedIn on December 2. Adderton said the deal will enable him to focus on his latest venture, MobileX, a carrier that leverages AI...
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November 26, 2024 Australia
Australia’s HMC Capital has launched its new digital infrastructure investment vehicle, having raised AU$153 million ($100m) more than anticipated in its initial public offering (IPO), and says it is in talks to buy three additional hyperscale data centers in the US.David Di Pilla, HMC Capital’s...
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November 11, 2024 Australia
MC is set to pay AU$400 million ($264m) for Australian data center operator iseek as it prepares to publicly list its digital infrastructure portfolio in a move that could raise $AU4 billion ($2.64bn). The asset manager will form a new company, DigiCo Real Estate Investment Trust (REIT), which...
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October 26, 2024 Australia
Global Switch has agreed to sell its Australian assets to investment manager HMC Capital for AU$2.12 billion (US$1.41bn). This deal for Global Switch Australia Holdings (GSAH) will provide Global Switch with capital to grow other parts of its business, the company said on Thursday morning. The...
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October 15, 2024 Australia
DataBank has completed a $2 billion equity raise led by Australian superannuation fund, AustralianSuper. AustralianSuper has committed $1.5bn in equity which will see it become a significant minority owner of DataBank and join the company's board of directors."We are delighted to have...
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October 10, 2024 Sydney
Engineering and architecture consulting firm Woolpert has acquired Greenbox Architecture. The Sydney-based architectural firm has specialized in data center, commercial, and residential architecture in the APAC region since 2009.“By joining a tech-driven company like Woolpert, we will be able to...
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October 09, 2024 New Zealand
A large-scale data center powered by hydrogen is reportedly being planned in New Zealand by Mobii Green and North Rakaia. Mobii Green Energy founder Kenny Tseng said the first phase of the project will see sovereign funds and international private equity funds invest US$2 billion to develop 850MW...
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September 19, 2024 Australia
Australian insurance provider HBF has completed its "digital transformation" project which began in 2019. This project involved migrating its workloads and core systems from a mainframe to the cloud. The company has reportedly also established a new core insurance platform for policy, product and...
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September 10, 2024 Australia
Australian MSP Adisyn previously known as DC Two, announced it has negotiated a surrender of its Bibra Lake data center lease. The company will exit the lease on 18 October - decommissioning and selling plant and equipment at the site - and said the move would result in approximately AU$350,000...
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September 07, 2024 Australia
Australian regulator ACCC has approved the proposed regional network-sharing agreement struck by Optus and TPG Telecom, enabling the telcos to create a regional Multi-Operator Core Network (MOCN), which will last for 11 years. ACCC said it would not oppose the plans in a statement yesterday. The...
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September 06, 2024 Australia
Blackstone has acquired APAC data center firm AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board. for US$16.1 billion, making it the largest-ever deal in the space. This deal was secured with funds from Blackstone along with the Canada Pension Plan Investment...
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September 04, 2024 Australia
The Reserve Bank of Australia (RBA) has selected NTT Australia for the 'design and implementation' of its new IT infrastructure. This contract worth AU$12.7 million is part of RBA's CoreMod program, an effort that was revealed at the end of 2023. While this "design and implementation phase" will...
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August 06, 2024 Australia
Australasian real estate fund manager Centuria Capital Group has announced that it has gotten into an agreement to acquire a 50 percent stake in cloud data center provider ResetData for up to $21 million as it plans to expand the group’s revenue stream into a new business line that aims to profit...
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August 05, 2024 Sydney
Australian advisory and IT solutions provider Atturra is expanding its sovereign cloud capacity with a new deployment in NextDC's S3 data center in Sydney, helping the company to meet growing demand from clients for cloud computing and storage capacity. The solutions provider will commence its...
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