Belmont-based GenusPlus Group has been named preferred supplier to Australia's first hyperscale national fibre network, with its contract worth at least $50 million.
Technology entrepreneur Bevan Slattery will invest $2.5 million into Subiaco-based Pointerra, which will use the funds to employ workers in Australia and the US.
A defining milestone in competing efforts to build a subsea telecommunications cable from Perth to Singapore may be imminent, with one of the players close to snookering the opposition.
One of Australia's most successful information technology entrepreneurs has strengthened his business case for building a submarine cable from Perth to Asia.