(Updates with further details and background)
Aug 5 (Reuters) - Australia's TPG Telecom (TPG) has revived discussions with Macquarie-backed Vocus Group for the sale of some of its non-mobile fibre assets, it said on Monday, nine months after ending previous talks over the same divestment.
Australian data services company Vocus Group in August 2023 bid for some of the non-mobile fibre assets of TPG Telecom, one of the country's largest telecom operators, valuing the assets at around A$6.3 billion ($4.10 billion).
Vocus, backed by Macquarie Group (MQG) and Aware Super, abandoned the deal to buy TPG's fibre network in November, though, because the parties failed to agree on commercial terms.
TPG on Monday said the renewed discussions were non-exclusive and there was no certainty a deal would result.
Vocus did not immediately respond to a Reuters request for comment.
($1 = 1.5363 Australian dollars)
News: MQG UPDATE 1-TPG Telecom, Vocus revive $4.1 bln fibre sale talks
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$208.88 |
Change
-4.020(1.89%) |
Mkt cap ! $79.61B | |||
| Open | High | Low | Value | Volume |
| $212.21 | $213.00 | $208.53 | $372.7M | 1.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15216 | $208.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $209.61 | 1976 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MQG (ASX) Chart |