ArianeCorp was founded in Singapore in December 1984 as Vikay Industrial Limited. From a factory in Pandan Road, the company began to market and manufacture Liquid Crystal Displays and electronics products under the 'Vikay' brand as well as produce customised Liquid Crystal Displays and LCD modules (LCM) for customers in USA, Europe and Asia. Within four years, the Group established subsidiaries in the United States, Europe, Hong Kong and Malaysia. In 1993, the Group was listed on the Singapore Exchange.

In January 2002, after a comprehensive restructuring of its business operations resulted in the disposal of nonproductive and non-performing assets of the Group, the Group was re-listed on the Singapore Exchange. Led by a new board of directors and new management team, the Group sought to diversify its business into high growth sectors to enhance its growth prospect.

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 rapidly growing eastern China.

The acquisition of a Pan-China fibre network business heralded ArianeCorp's entry into the telecommunications industry. To better reflect this new focus, the Group was renamed ArianeCorp Limited in August 2004.

In August 2006, ArianeCorp made further strides in the telecommunications industry with the acquisition of CarrierNet Corporation Limited, the Asia Pacific market leader in a spectrum of telephony services ranging from prepaid communication services to wholesale voice traffic.

With the acquisition, ArianeCorp gained access to CarrierNet's global Voice over Internet Protocol (VoIP) network as well as the products and services offered by CarrierNet including its own VoIP service, VoiceBB, as well as wholesale carrier, retail international direct dial and global calling card products and services.