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Webcentral sells hosting business for $165M, rebrands to 5G Networks

Will use funds to buy complementary technology, cloud hosting and managed IT businesses. ....

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Webcentral moves Netregistry and WME to main brand

Webcentral moves Netregistry and WME to main brand
arnnet.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arnnet.com.au Daily Mail and Mail on Sunday newspapers.

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5G Networks ramps up channel play with fresh wholesale offering

5G Networks ramps up channel play with fresh wholesale offering
5G Networks ramps up channel play with fresh wholesale offering
5GN Wholesale will offer access to the company’s five owned and operated data centres around Australia.
Joe Demase (5G Networks)
Credit: 5G Networks
Local telecommunications carrier 5G Networks is working to bolster its service capabilities to managed service providers (MSPs) with the launch of its new wholesale offering, 5GN Wholesale.
Broadly, 5GN Wholesale will offer access to the company’s five owned and operated data centres around Australia. It will also deliver high speed data connectivity to international locations in Japan, Singapore, New Zealand and North America, including connectivity services up to 100GB. ....

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5GN snaps up Intergrid in $3M deal to bolster wholesale cloud offering

5GN snaps up Intergrid in $3M deal to bolster wholesale cloud offering
arnnet.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arnnet.com.au Daily Mail and Mail on Sunday newspapers.

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Review into 5GN's 'unacceptable circumstances' surrounding Webcentral buy shut down

Review into 5GN’s unacceptable circumstances surrounding Webcentral buy shut down
Review into 5GN’s unacceptable circumstances surrounding Webcentral buy shut down
The application pushed, in part, for bidding withdrawal rights
Joe Demase (5G Networks)
Credit: 5G Networks
The Australian Takeovers Panel has declined to conduct a review into another application on the acquisition of Webcentral by 5G Networks (5GN), this time focusing on claims of “unacceptable circumstances”.
Then, in early February, the Takeovers Panel declined to make a declaration of unacceptable circumstances and considered that it would not be against public interest to decline that declaration.
Keybridge then applied for the review into that decision less than a week later, to which the review Panel stated on 26 February that it agreed with the initial decision and that there were no appropriate orders available. ....

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