Telstra buys Pacnet for $856 million

By Max Mason
Updated December 23 2014 - 8:08pm, first published 3:41pm
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches
Telstra has acquired Pacnet for more than $750 million. Photo: Peter Riches

Telstra will acquire Asian-based telecommunications provider Pacnet, which owns data centres throughout the region, including China, and a 46,000-kilometre undersea cable network for $US697 million ($857 million).

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