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Hi John,

Vocus Communications is set to buy fibre network owner Nextgen in a deal worth $807 million. The deal will see Vocus pick up Nextgen's backhaul assets, including the North West Cable System (NWCS) and Australia Singapore Cable projects.

 

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Telecommunications and network provider MNF Group — owner of telco MyNetFone – has criticised both major political parties for not addressing the “inadequacies” of the NBN’s commercial model during the election.

The chief architect of NBN Co, Tony Cross, has left the company and will finish up on Friday, 1 July.

Microsoft has been around for 41 years and has more cash lying around than most, but it still retains the tight-fisted attitude that has been a part of its corporate culture from the start.

Users of the Ubuntu Phone will have to get used to the fact that popular Android apps like WhatsApp are unlikely to be made available for the platform, at least not in in the short term.

There is a new app industry growing out of FinTech – it is called RegTech and as you might have guessed it is aimed at apps to help ensure compliance with government, financial, information technology, and even ethical regulations and expectations under which companies operate.

 

There are plenty more fresh stories below, and we also have all the important breaking news for the past 24 hours.

 

So, for all the, please news visit www.itwire.com

Have a great day!

 


Stan Beer, Editor in Chief, iTWire


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andrew.matler@itwire.com

0412 390 000

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