The company was headquartered in Hong Kong and Singapore, and had offices in Australia, China, India, Indonesia, Japan, South Korea, Malaysia, Netherlands, Philippines, Taiwan, Thailand and United States.

Following the dotcom crash, Asia Global Crossing filed for bankruptcy protection in 2002,[8] and was subsequently delisted from NYSE.

In 1995, it was acquired by SembMedia, a division of Singapore conglomerate Sembawang Group, and renamed Pacific Internet Corporation Private Limited.

In 1996, Pacific Internet expanded into Hong Kong via an acquisition,[14] increasing its equity stake in the ISP to 100 percent in 1999.

[27] On 12 October 2016, the remaining Pacific Internet in Singapore was acquired by CITIC Telecom International Holdings Limited in Hong Kong.

On 8 January 2008, Asia Netcom and Pacific Internet merged under a new corporate name, Pacnet Limited,[28][29] and adopted a new logo.

[31][32] Telstra's acquisition of Pacnet was expected to be completed by mid-2015, and includes interests in its China joint venture, Pacnet Business Solutions (PBS), licensed to operate a domestic Internet Protocol Virtual Private Network and provide data centre services in most major provinces in China.

[35][36] Pacnet's pan-Asia EAC-C2C network was formed from the integration of the EAC (East Asia Crossing) and CSC systems in 2007.

[37] The fibre optic subsea cable network spans 36,800 km between Japan, South Korea, Hong Kong, Taiwan, the Philippines, Singapore and China.

[41] The company launched its first data center with direct connectivity into its subsea cable infrastructure in Hong Kong on 2 November that year.

[45][46] On 22 March 2012, Pacnet opened its fourth advanced data centre in the Tseung Kwan O Industrial Estate, Hong Kong.