5G Networks acquires Servers Australia’s North Sydney data centre for $2m

Sydney, Australia

This acquisition expands the 5G Networks data centre capacity to over 720 racks, all connected to one network.

5G Networks (ASX:5GN) has entered into an agreement to acquire a privately owned data centre in North Sydney from Servers Australia Pty Ltd for $2m.

The North Sydney data centre houses over 120 data centre racks with current utilisation at 32%, according to the company.

The acquisition is set to accelerate the continued execution of the 5G Networks wholesale channel strategy for infrastructure and data centre services.

“Continued focus on growth through profitable enterprise services underpins this strategic acquisition,” said 5G Networks Managing Director, Joe Demase.

“The Sydney market is well supported by several larger tenants, who have a significant appetite for data centre space, as a result of the growing requirement for digital infrastructure to support the explosive adoption of cloud services.


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“Through continued investment in 5G Networks’ fibre rollout, our Sydney data centres will be connected to a nationwide 10GB data footprint, which offers dedicated and secure access coupled with enterprise-grade performance.

“This is critical in supporting our existing customers through their digital journey, in addition to our new and emerging indirect channel.”

The company added that it will also open new opportunities by offering its national data network and cloud services to existing North Sydney data centre customers who include carriers, hardware vendors and managed IT providers.

This strategic investment will enable 5GN customers to gain access to a data network by connecting directly to the data centre via dark fibre once the new rollout is complete.

The North Sydney data centre facility has been purpose-built with 1MW of site power availability, cooling and power generators installed in addition to geo-diversity in-network access to Australia’s service providers.

In September 2019, 5G Networks acquired Sydney-based Australian Pacific Data Centres (APDC) for $3.5m.

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