Telstra to acquire 25% stake in Southern Cross Cable Network

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(Telecompaper) Southern Cross Cable Network (SCCN) and its shareholders Spark New Zealand, Singtel and Verizon Business announced that Australian operator Telstra has agreed to purchase a 25 percent stake in SCCN and capacity on both the existing network and the new Southern Cross NEXT subsea cable. 
Source: Industry News (syndicated from Telecompaper.com)

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