TPG Telecom agrees to sell assets to Vocus


TPG chief executive officer Inaki Berroeta

SYDNEY: TPG Telecom Ltd has agreed to sell its fiber assets and the company’s fixed business serving enterprise, government and wholesale customers to Vocus Group Ltd in a deal valued at A$5.25bil (US$3.5bil).

Vocus will provide fixed network services back to TPG as part of the agreement, TPG said in a statement yesterday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
TPG Telecom , fiber , Vocus Group

Next In Business News

Official reserve assets total US$124bil, says BNM
Pakistan’s growth in September quarter slows
NCT Alliance gets nod for acquisition
Foreign investors dump bonds amid rupee slide
Nor Zahidi continues as MPC member
Indonesian stocks notch best year since 2014 on retail flows
Semico’s FY26 to FY27 revenue expected to grow�
CXMT eyes Shanghai listing to fund DRAM expansion
Malaysia Smelting appoints two co-group CEOs�
Alibaba, Abu Dhabi back AI startup MiniMax’s IPO

Others Also Read