Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demand

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.