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Broadband

Macquarie Telecom to invest AUD 60 mln in data centre

Monday 25 October 2010 | 03:36 CET | News
Australian business telecommunications provider Macquarie Telecom has exchanged contracts to purchase 215,000 square feet of land and an existing building in North Ryde for AUD 10.8 million, to accommodate its new data centre facility. The transaction follows Macquarie Telecom's continued strong growth in its hosting business. In addition to the AUD 10.8 million land and building purchase, phase one of the project will see a further AUD 49 million invested into mechanical, electrical, plant and equipment needs, with AUD 30 million of this investment will be made over the next 12 months,

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Categories: Internet
Companies: Macquarie Telecom
Countries: Australia
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