History
Reach was established as a joint venture between Telstra and Pacific Century Cyberworks (PCCW) in 2001. Telstra and PCCW injected their international assets, including subsea cables, gateways and satellite capacity into Reach. These assets were supplemented later the same year by the acquisition of Level 3 Communications' Asian assets. After financial difficulties, its shareholders negotiated a debt settlement in June 2004, and it is now financially stable. Reach was restructured, and in 2005 announced that nearly all future expansion would be used for Telstra and PCCW requirements, though it would continue to service its other customers. Reach's website advertises their wholesale voice & data services.
Read more about this topic: Reach Global Services
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