iiNet has this afternoon confirmed its acquisition of regional Victorian and ACT Internet Service Provider (ISP) TransACT is now complete.

iiNet this week announced that it will acquire Internet Service Provider (ISP) TransACT, a regional ISP servicing the ACT and regional Victoria.

iiNet has announced today that it has entered into a binding agreement to acquire Canberra-based telecommunications company, TransACT for $60 million.

Australia will be one of five countries initially targeted for a hybrid cloud based solution announced overnight by Fujitsu which allows organisations to use Microsoft Windows Azure components, but choose where their data is located. For Australian clients that means they can choose to keep their data in Australia – overcoming the data sovereignty issue that has held many back from a holus bolus race to the cloud.

Trading in iiNet shares was suspended today after the Financial Review reported that it was about to buy ACT and Victorian HFC and FTTH network operator TransACT.

Australia Post owned payment gateway SecurePay has announced a partnership with cloud based ERP supplier NetSuite that should allow local businesses to quickly set up online commerce sites.

Three years after being acquired by TransACT, the Neighbourhood Cable brand is no more.

TransACT has joined the Australian Government's telecommunications commodities, carriage and associated services panel.

A team from the ACT backed by local carrier TransACT achieved a world-beating result in Movember.

It's not exactly an NBN-scale milestone, but TransACT has connected its 1000th FTTP (fibre to the premises) customer.