Telecommunications provider Davnet and NTT Communications yesterday launched NTT's Arcstar global network in Australia, providing international telecommunication services to multinationals operating locally.
NTT Australia, NTT Communications' local subsidiary, has a 49 per cent stake in Davnet subsidiary Davnet Telecommunications (DavTel).
Already operating outside Australia, the Arcstar network will enable Davnet to offer international telecommunication services such as leased lines, internet service, VPNs (virtual private networks) and dial-up services to multinationals located throughout Australia.
Jason Ashton, DavTel's president, said the network extends Davnet's existing product range which is limited to nationwide services only. "We already have some multinational customers, but we will target more with this complete product offering," he said.
Davnet's existing service portfolio includes high-speed broadband services such as internet access, voice, data, video, and data back-up through the one digital socket.
Ashton also said that Davnet is undecided at this stage about its plans to list on the Hong Kong stock exchange. He said the company is focusing on its dual listing on Nasdaq sometime this year.