Telstra acquires Pacnet
On Tuesday December 23, 2014 Telstra announced a Definitive Agreement to acquire Pacnet. The agreement is subject to regulatory approvals, which are expected to complete by mid-2015. As you may be aware, Centrix Solutions has been a Pacnet partner for several years, and therefore provides connectivity solutions to some of our clients.
We have been assured by Pacnet that they will update us on the progress in the interim before the transaction is finalised and, more importantly, on how the combination of Telstra and Pacnet will affect our businesses, once the ownership changes are in place. We anticipate this move will bring additional value and benefit to us all.
As per our long-standing commitment to you, we will keep you posted with any developments, every step of the way.
All the best for 2015!