Vocus Acquires TPG Telecom's Enterprise, Government and Wholesale Fixed Business for A$5.25bn
October 14, 2024
Vocus, together with shareholders Macquarie Asset Management and Aware Super, agreed to acquire TPG Telecom's Enterprise, Government and Wholesale (EG&W) fixed business and associated fibre and submarine cable assets for A$5.25 billion. The deal creates a scaled digital infrastructure operator in Australia with expanded fibre and subsea assets and includes a long-term strategic partnership giving TPG ongoing access to Vocus' fibre network; completion is subject to regulatory approvals.
- Buyers
- Vocus, Macquarie Asset Management, Aware Super
- Targets
- TPG Telecom's Enterprise, Government and Wholesale (EG&W) fixed business and associated fibre assets
- Sellers
- TPG Telecom
- Industry
- Telecommunications
- Location
- New South Wales, Australia
- Transaction Type
- Divestiture
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