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Australia's TPG Telecom said on Monday (Nov 13) it had ended discussions with Macquarie-backed rival Vocus Group for the sale of some of its non-mobile fibre assets for about A$6.3 billion (US$4 billion) as the parties failed to agree commercial terms. "The proposed transaction involved considerable comple
Both parties unable to find “alignment”.
Australia's TPG Telecom Ltd said on Monday it had ended discussions with Macquarie-backed rival Vocus Group for the sale of some of its non-mobile fibre assets for about A$6.3 billion as the...
Australia's TPG Telecom Ltd said it had ended discussions with rival Vocus Group for the sale of some of its non-mobile fibre assets for about $4bn.
The telco says it will look at other deals after failing to reach an agreement with the Macquarie infrastructure-backed company on a $6.3 billion asset sale.