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Tag: vocus
Vocus completes Darwin-Jakarta-Singapore Cable with latest subsea link
2021-08-19 02:00:00| Total Telecom industry news
Earlier this week, Vocus announced that it had signed contracts to build the final section of the long-awaited Darwin-Jakarta-Singapore Cable (DJSC), an AU$500 million cable system linking Perth, Darwin, Port Hedland, Christmas Island, Jakarta, and Singapore. With these latest construction contracts, worth AU$100 million, Vocus is funding the creation of a 1,000km cable linking the existing Australia Singapore Cable (ASC) to the North West Cable System (NWCS) in Port Hedland…read more on TotalTele.com »
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Vocus agrees to $2.7bn takeover by MacquarieSuper Aware
2021-03-09 01:00:00| Total Telecom industry news
Early last month, it was announced that MIRA had reached out to Australia’s Vocus with an indicative and non-binding proposal at a price of AUD5.50 ($4.25) per share for 100% of its business, for a total investment of around $2.7 billion. This offer represents a 25.6% premium on the share value at the start of February. A few weeks later…read more on TotalTele.com »
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vocus
Macquarie offers A$3.4 bn for Aussie fibre giant Vocus
2021-02-08 01:00:00| Total Telecom industry news
Vocus has announced to the Australian Securities Exchange that it has received an indicative offer of A$3.4 billion from Macquarie Infrastructure and Real Assets (MIRA), ending recent media speculation surrounding a potential deal. The offer is valued at A$5.50-per…read more on TotalTele.com »
Tags: offers
giant
fibre
aussie
AGL withdraws bid for Australian operator Vocus
2019-06-18 07:33:00| Telecompaper Headlines
(Telecompaper) AGL Energy reports it has ceased undertaking due diligence on Vocus Group. AGL has also decided to withdraw its non-binding, indicative proposal to acquire Vocus. According to AGL CEO Brett Redman, AGL is now exploring investment opportunities across three focus areas: optimising its existing portfolio for performance and value; evolving and expanding its core energy markets offerings; and creating new opportunities with connected customers.
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australian
operator
withdraws
AGL makes new bid for Vocus, offers AUD 4.85 per share
2019-06-11 07:17:00| Telecompaper Headlines
(Telecompaper) AGL Energy had earlier considered making a takeover offer for Australian operator Vocus. However, the non-binding offer was withdrawn after the companies could not reach agreement on the terms for conducting due diligence.