Vocus has agreed to purchase TPG’s fibre and fixed network assets in a $3.35 billion deal, enhancing their digital infrastructure presence across Australia. The acquisition expands Vocus’s fibre network by 50,000 km, connecting major cities and offering competitive services to enterprise and government sectors.
In a bid to fortify its position in the Australian regional mobile market, TPG Telecom has inked a monumental 11-year network sharing deal with Optus. Valued at a hefty A$1.59 billion ($1.04 billion), the agreement is set to significantly expand TPG’s geographic coverage, doubling it to 1 million square kilometers and enabling access to 98.4% of the population.
After a challenging negotiation period, TPG Telecom’s endeavour to sell a range of assets to Vocus has reached an impasse. The stumbling block largely revolves around the valuation of the diverse telecom assets. TPG, however, intimates interest in reviving talks at a smaller scale, bearing interest from strategic investors in mind.
As Vocus’ exclusive negotiation period with TPG Telecom for the proposed fiber business acquisition concludes, talks remain in motion. Delays in due diligence hint at finance-related stumbling blocks, though TPG stays open to other potential bargains, igniting a scenario of anticipation and suspense within the telecom domain.
Vocus, a well-known fibre operator in Australia, is in high-stakes discussions for a $4.2 billion bid on crucial assets of TPG Telecom, including Vision Network, its wholesale infrastructure arm. Although the deal is far from done, Vocus’ ambitious plans to strengthen its market presence make it a possible game-changer in Australia’s rapidly evolving telecommunications landscape. The telecom industry keenly observes how this potential acquisition will shape the competitive arena.
Nokia, TPG and Mediatek are collaborating to showcase the power of carrier aggregation technology in live-streaming 360-degree broadcasts, a key element for future metaverse applications. The demonstration at Nokia’s 5G Futures Lab used multiple sub-6 GHz frequency bands to maximize 5G uplink speeds, enabling real-time transmission of high-quality video. The technology could revolutionize the viewing experience for TV, movies, sports and industrial metaverse scenarios such as remote-controlled robots performing hazardous tasks.
Vocus, the Australian fibre giant, eyes a substantial expansion via a potential A$6.3 billion acquisition of TPG Telecom’s enterprise, wholesale, and government assets, including the wholesale infrastructure sector, Vision Network. However, TPG’s Board’s decision remains pending, casting doubt around the contract’s finalisation.
Softbank invests $700m in Sinch The Japanese operator Softbank has invested heavily in the Swedish software company Sinch. According to Sinch, it will use the profit to finance further mergers and acquisitions. The Japanese company acquired a portion of the newly issued shares in Sinch, as well as some existing ones, from various major shareholders. The total share expenditure amounted to approximately $698.5 million. Sinch said that it will use the proceeds from the shares primarily for beef up its financial flexibility for undertaking new acquisitions. Sinch announced two takeovers, one of Brazil’s CRM Wavy for $119 million, as well as the SAP Digital Interconnect deal, which was a cash and debt-free transaction valued at approximately $270 million. Read more at: https://tinyurl.com/y5wgysrb Telefónica recently deployed nodes in Seville, Spain Telefónica has for the third time deployed edge nodes in its home country of Spain, recently launching this infrastructure in Seville.…
