2024-10-13 17:30

Australia’s TPG to Sell Fibre, Fixed Assets to Vocus for $3.54 Billion

Sydney, April 12, 2017. (REUTERS/Steven Saphore) SYDNEY (Reuters) -Australia’s TPG Telecom said on Monday it would carve out its fibre andfixed network infrastructure assets in a sale to Macquarie and pension fund Aware Super-owned telecommunications group Vocus for A$5.25 billion ($3.54 billion).  Vocus will acquire TPG’s enterprise, government and wholesale (EG&W) fixed business andfibre network assets and the wholesale residential Vision…