Telstra has completed the acquisition of Pacnet, a provider of connectivity, managed services and data centre services to carriers, multinational corporations and governments in the Asia-Pacific region.
Telstra Group Executive, Global Enterprise and Services, Brendon Riley said Pacnet would be integrated into Telstra and the Pacnet brand progressively retired.
Telstra will continue the development of the joint venture in China. US assets will be integrated when regulatory approval is obtained.
"The completed acquisition will double Telstra's customers in Asia, and greatly increase our network reach and data centre capabilities across the region," said Riley.
"This includes the addition of the largest privately owned intra-Asia cable network, 29 data centres and the ability to further grow our China operations through the existing joint venture.
"The acquisition provides us greater specialisation and scale, including the delivery of enhanced services, such as software-defined networking and opens up significant incremental opportunities for our business."