Urgent.News

What's breaking now, across thousands of outlets.

Business

ACS enters into an optical fiber project worth 308 million in Australia

Cimic, the Australian subsidiary of ACS, has been selected by Vocus, a digital infrastructure provider, to collaborate on the deployment of a fibre optic initiative which will cost AUD 500 million (308 million euros).

Translated from Spanish Read in Spanish

ACS enters into an optical fiber project worth 308 million in Australia

Cimic, the Australian subsidiary of ACS, has been selected by Vocus to collaborate on a AUD 500 million fibre optic project. The Australian Digital Infrastructure Platform initiative aims to boost the country's digital infrastructure in anticipation of increased demand for artificial intelligence, data centres, and cloud services.

Cimic, through its UGL company, will work on the initial stages of the project, starting in August, to develop a route between Sydney and Melbourne. The project will deploy high-capacity submarine, inter-capital, and metropolitan fibre infrastructure in Australia and the Asia Pacific region. Cimic's CEO, Jason Spears, said the project will strengthen connectivity between population centres and support the growth of emerging technologies.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at expansion.com →

More in Business

More from Monday 24 August →