Asia Netcom Aims to Buy Pacific Internet
Stuart Comer writes on ITWire.com.au:
The parent company of one of the largest operators of submarine cable networks in Asia has launched a takeover bid for the one of the region's largest ISPs: a move that, if successful would create a unique combination of a massive regional cable network and an ISP with a presence in several major regional nations.More here.
The bid has been launched by Connect Holdings Ltd, a company owned by a global investor group which includes Ashmore Investment Management Limited, Spinnaker Capital Limited and Clearwater Capital Partners and which bought submarine cable operator Asia Netcom from China Netcom in August 2006. Connect also owns another Asian regional submarine cable network, C2C Pte Ltd, originally a Singapore Telecom subsidiary.
posted by Fergie @ 1/14/2007 07:04:00 PM
0 Comments:
Post a Comment
<< Home