Telecom New Zealand has agreed to pay NZD17 million (USD14.7 million) to acquire cloud computing firm Appserv in a move designed to boost its presence in the country’s business communications sector, NZ City writes. Last year Telecom acquired another cloud computing specialist, Revera, which is focused more on the government and corporate segment. Telecom says the buyout of Auckland-based Appserve should be completed next month.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors