Tag: TPG

Vocus to acquire TPG’s fibre and fixed network assets for $3.35bn 

Australia’s Vocus has announced a binding agreement to acquire TPG’s Enterprise, Government, and Wholesale (EG&W) fixed business and fibre network assets for AU$5.25 billion (US$ 3.35 billion). The acquisition will position Vocus as a digital infrastructure operator in Australia, boosting its ability to serve enterprise, government, and wholesale customers. 

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Vocus and TPG end $4.2 billion fibre talks 

Australia’s TPG Telecom has ended talks with Vocus Group for the sale of its non-mobile fibre assets for AU$6.3 billion ($4.2 billion). 

In August, Vocus Group made a non-binding offer of AU $6.3 billion ($4.2 billion) to buy rival TPG Telecom’s enterprise, government, and wholesale network assets, which included their wholesale broadband business, Vision Network.  

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