- FG Telecom is a fibre network operator has been acquired by DGtek.
- With the acquisition of FG Telecom, the network coverage of DGtek is estimated to be expanded by over 25 percent.
- DGtek said that they now have three fully diverse paths to the major data centres of Port Melbourne.
With the acquisition of FG Telecom, the network coverage of DGtek is estimated to be expanded by over 25 percent. According to Dgtek, it is continuing to increase its footprint in central and southeast Melbourne. The company is also planning to further expand with other geographies in the future. Overall, their goal is to target and reach a million homes by 2024.
With the FG Telecom acquisition, DGtek said that they now have three fully diverse paths to the major data centres of Port Melbourne. According to DGtek founder and CEO David Klizhov, “As we grow our fibre network in Melbourne and throughout Australia, it is vital that we continue to provide a high-quality service and ensure our network has the capacity to support Australia's unrelenting demand for high-bandwidth, ultra-low latency FTTP (fibre to the premises) services.”
On the other hand, FG Telecom CEO Dev Oza said that “The DGTek acquisition has helped us amalgamate with an organisation with a similar vision and values, and grown the FG network footprint threefold. Throughout our existence, we have resisted acquisitions by the larger players in order to stay true to our mission of providing Aussie businesses with a real alternative to the cookie-cutter service that the larger corporations provide.”
“Over the years, FG Telecom has proudly served businesses in Port Melbourne. The combination means we can extend our high-quality business services throughout Melbourne, capitalising on businesses returning to work that are eager for ultra high-speed fibre services.”
FG Telecom provides connections in the localities of South Wharf, South Melbourne, Port Melbourne, Docklands, and Albert Park. The company is committed to helping small and medium enterprise customers to get connected by leveraging an industry-leading fibre network that is supported by exceptional customer service.
Apart from the acquisition, DGTek has also recruited former Opticomm CTO Stephen Davies as a non-executive director and senior advisor in the company. DGTek was founded by David Klizhov in 2014, and backed by funding provided by Treia Capital. It is retailed via Pineapple, Axecom, Launtel, Spirit Telecom, and Exetel. The company primarily designs, builds, operates, and maintains high-speed optical fibre networks. Because the company owns and controls their network, they are able to manage it to ensure reliable delivery of speed with minimal latency.