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Vocus to Acquire TPG’s EG&W Fixed Business for A$5.25 Billion

Dec 02, 2024•over 1 year ago

Contract Type

agreement

MelbourneNewsPublic RelationsTelecommunications

Description

Vocus, along with its shareholders Macquarie Asset Management (MAM) and Aware Super, has entered into a binding agreement to acquire TPG’s Enterprise, Government and Wholesale (EG&W) fixed business and fibre network assets for A$5.25 billion. This acquisition will position Vocus as a key digital infrastructure operator in Australia, expanding its network of high-quality subsea, metropolitan, intercapital, and regional fibre, and enabling the delivery of highly valued services to a diversified customer base.

Company Information

Company

Vocus

Location

Melbourne, Victoria, Australia

About

PR Newswire shares your story to the industry’s largest, most-sourced news distribution network. It amplifies your story by ensuring publication, multiplying social shares, and driving higher engagement. Only PR Newswire can get your news to 200,000+ newsrooms and direct feeds— 180,000+ journalist and influencer inboxes and 9,000+ web sites and digital media outlets. Trusted media pros count on us.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.