Friday, 23 June 2017

Vocus buys fibre backhaul operator for A$807m

By Mary Lennighan, Total Telecom
Wednesday 29 June 16

Latest Australian M&A deal includes Nextgen Networks and two submarine cable projects.

Australia's Vocus is on the M&A trail again, announcing the A$807 million (€541 million) acquisition of fibre backhaul network provider Nextgen Networks and two submarine cable projects on Wednesday. The deal will be funded via a A$652 million capital raising, the telco said. Vocus, which provides wholesale…

Australia's Vocus is on the M&A trail again, announcing the A$807 million (€541 million) acquisition of fibre backhaul network provider Nextgen Networks and two submarine cable projects on Wednesday. The deal will be funded via a A$652 million capital raising, the telco said. Vocus, which provides wholesale…

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