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Wireless

Uniti acquires Telstra Velocity assets for AUD 140 million

Wednesday 16 December 2020 | 10:39 CET | News
Uniti Group has agreed to purchase Telstra's Velocity and South Brisbane exchanges for AUD 140 million. The Velocity network is Australia's second largest private fibre to the premises network, Uniti said, with 68,000 premises passed, 65,000 connected premises, and 50,000 active customers, ZDnet reports. Apart from the South Brisbane area, Velocity also connects 128 housing estates across Australia.

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Categories: Mobile & Wireless
Companies: OptiComm / Telstra / Uniti
Countries: Australia
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