| Description |
ArianeCorp was founded in Singapore in December 1984 as Vikay Industrial
Limited. The companys core business was in the marketing and manufacture of
Liquid Crystal Displays (LCD) and electronics products under the "Vikay" brand.
The company also produced customised Liquid Crystal Displays and LCD modules
(LCM) for customers in the USA, Europe and Asia.
In July 2004, the Group acquired an integrated 11,119km two-core high bandwidth
fibre optic network covering 13 provinces and all principal cities in eastern
China. With this, the Group switched its principal activity to that of acting
as an independent provider of ultra high-capacity data networks to service
providers and large business users in Chinas telecoms and data markets through
optical networks.
The acquisition of a Pan-China fibre network business heralded ArianeCorps
entry into the telecommunications industry. The Pan-China network is
inter-connected with global networks of Global Crossing to USA. The trunk
network is also inter-connected with metropolitan area networks within the same
ducting system to reach target customers in main business and industrial
centres of 163 cities in China. The Group was subsequently renamed ArianeCorp
Limited in August 2004.
In August 2006, ArianeCorp acquired CarrierNet Corporation Limited, a provider
of a spectrum of telephony services ranging from prepaid communications
services to wholesale voice traffic. With the acquisition, the Group gained
access to CarrierNets global Voice over Internet Protocol (VOIP) network as
well as the products and services offered by CarrierNet including its own
patented VOIP service, "VoiceBB", as well as wholesale carrier, retail
international direct dial and global calling card products and services.
Change of name:
CarrierNet Global Ltd to Polaris Ltd. Trading under the new name wef 3 May
2013.
Additional info from SGX:
ArianeCorp was founded in Singapore in December 1984 as Vikay Industrial
Limited. The companys core business was in the marketing and manufacture of
Liquid Crystal Displays (LCD) and electronics products under the "Vikay" brand.
The company also produced customised Liquid Crystal Displays and LCD modules
(LCM) for customers in the USA, Europe and Asia.
In July 2004, the Group acquired an integrated 11,119km two-core high bandwidth
fibre optic network covering 13 provinces and all principal cities in eastern
China. With this, the Group switched its principal activity to that of acting
as an independent provider of ultra high-capacity data networks to service
providers and large business users in Chinas telecoms and data markets through
optical networks.
The acquisition of a Pan-China fibre network business heralded ArianeCorps
entry into the telecommunications industry. The Pan-China network is
inter-connected with global networks of Global Crossing to USA. The trunk
network is also inter-connected with metropolitan area networks within the same
ducting system to reach target customers in main business and industrial
centres of 163 cities in China. The Group was subsequently renamed ArianeCorp
Limited in August 2004.
In August 2006, ArianeCorp acquired CarrierNet Corporation Limited, a provider
of a spectrum of telephony services ranging from prepaid communications
services to wholesale voice traffic. With the acquisition, the Group gained
access to CarrierNets global Voice over Internet Protocol (VOIP) network as
well as the products and services offered by CarrierNet including its own
patented VOIP service, "VoiceBB", as well as wholesale carrier, retail
international direct dial and global calling card products and services.
Change of name:
CarrierNet Global Ltd to Polaris Ltd. Trading under the new name wef 3 May
2013.
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