TPG Telecom re-initiates talks with Vocus Group to potentially sell non-mobile fibre assets.
TPG Telecom has resumed talks with Vocus Group to sell some of its non-mobile fibre assets, after ending discussions nine months ago due to disagreements on commercial terms. The assets, which contributed 18% to TPG's fiscal 2022 revenue, were valued at around A$6.3 billion in August 2023, when Vocus Group had made a non-binding offer. Despite being non-exclusive, there's no certainty a deal will be reached.
August 05, 2024
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