Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

Punakaiki Fund investing in local provider Vibe Communications
Posted on 20-Jun-2014 13:55. | Tags Filed under: News.



Wholesale and corporate telecommunication services provider Vibe Communications has received a growth capital investment from Punakaiki Fund.
The investment will allow Vibe Communications to continue their rapid growth in serving businesses in New Zealand and Australia.

Punakaiki Fund’s Director, Lance Wiggs, will join owners Davey Good and Barry Murphy on the Vibe Communications board.

CTO and Sales Director Davey Goode said, “We first met Lance and Chris when they were with Pacific Fibre. They are amongst the few business people who really understand our business. We are moving fast and it’s great to have their experience and investment to ensure we continue to keep a solid balance sheet and financial discipline as we grow.”

Vibe Communications grew over 70% in the last year, after 100% growth the year before.

Wiggs believes they have many years of high growth ahead of them. “Vibe have a great market niche delivering tailored solutions to corporates and other ISPs.

They are over-delivering with the quality of their product” said Wiggs. “Davey, Barry and lead architect Callum Barr are all technically very strong, with Vibe employing more engineers than support staff to retain the quality of their products and service.”

Vibe’s network has additional points of presence in both Australia and the USA. They purchase capacity off Southern Cross Cable Networks making them one of five major NZ transit providers.


comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

What time does windows 10 go live?
Created by gogokr431, last reply by nathan on 3-Aug-2015 22:33 (551 replies)
Pages... 35 36 37


Just installed Windows 10 on release and have questions... Post here
Created by Behodar, last reply by Volt on 3-Aug-2015 22:27 (173 replies)
Pages... 10 11 12


Fibre 100mb download speeds.
Created by Wacky, last reply by Wacky on 3-Aug-2015 19:50 (27 replies)
Pages... 2


Overseas Purchasing - GST Threshold about to be reduced
Created by SepticSceptic, last reply by Dreal on 3-Aug-2015 20:05 (79 replies)
Pages... 4 5 6


Copper Landline Providers
Created by networkn, last reply by DonGould on 3-Aug-2015 21:51 (25 replies)
Pages... 2


2talk beginners guide? Equipment?
Created by timmmay, last reply by ashtonaut on 3-Aug-2015 21:38 (24 replies)
Pages... 2


How likely is it to have a faulty house electrical meter?
Created by kiwikiwi, last reply by Jase2985 on 3-Aug-2015 21:07 (49 replies)
Pages... 2 3 4


Time to update yet?
Created by Dreal, last reply by Dreal on 1-Aug-2015 23:54 (21 replies)
Pages... 2