Pacnet recently announced investing over $50 million in India to set up data center.

Pacnet will be making its largest investment into growing its presence in India by building a new submarine cable network that will provide direct connectivity between India and Asia. The network, which has been named the 'West Asia Crossing'...

Following approval from the Foreign Investment Promotion Board (FIPB), telecom service provider Pacnet has increased its stake from 55 percent to 74 percent in its joint venture Pacific Internet India. According to Bill Barney, CEO, Pacnet,...