Macquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducted route aims to address the surging demand for AI-driven data centres, a sector experiencing massive global investment. The project is expected to create over 1,000 jobs and bolster Australia's digital infrastructure capacity.

Macquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducted route aims to address the surging…

The company’s new CEO is betting big on the artificial intelligence boom, spending $500 million on a massive fibre line between Australia’s two biggest cities.