Telstra’s Reach to ditch customers

Telstra’s Reach to divest customers (The Age / AAP)

From the article: “Telstra Corp Ltd’s troubled undersea cable joint venture Reach announced it would rid itself of some customers to free up capacity instead of expanding to meet demand.

[...]

Reach said it would gradually divest itself of third party customers as their contracts come up for renewal, freeing up the capacity for Telstra and PCCW.

“Existing third party data contracts will be honoured and Reach will work closely with its data customers to ensure a managed migration process,” Reach said in a statement.

You wouldn’t want to be a Reach customer at the moment. Changing undersea cable providers can’t be an easy job.

Comments are closed.