Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

FiberTel to Acquire Australian Network

Facebook Twitter LinkedIn Email
PERTH, Australia, Nov. 30 -- Telecommunications investment company FiberTel has announced plans to merge with Amcom Telecommunications, a high-speed data telecommunications developer based in Western Australia, in a transaction valued at almost $19 million. FiberTel, which currently owns a half share in Amcom, said it had reached an agreement to acquire the remainder of the company from its founders, the Mclean family.
Amcom -- described by FiberTel as Western Australia's only licensed independent telecommunications carrier -- recently completed the first stage of its fiber optic network roll-out in Perth, and has begun rolling out networks in two other cities in the region. In outlining its company strategy, FiberTel said it plans to offer a broadband fiber optic network for integrated telecommunications and data transmission services to other telecoms and resellers; to Internet service providers; and to government and business clients in Australia's financial centers outside of Sydney, Melbourne, and Brisbane.
Nov 1999
Communicationsfiber opticsNews & Features

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.