Australian telco Vocus receives government nod for TPG Telecom deal (Reuters) -Australia’s TPG Telecom (BCBA:TECO2m) said on Monday that Macquarie-backed Vocus Group has secured the final approval for its A$5.25 billion ($3.42 billion) acquisition of TPG’s enterprise, government and wholesale fixed-line and fibre assets. The deal, first announced in 2024, received approval from Australia’s competition regulator in March, positioning Vocus as one of the country’s largest owners of underground fibre infrastructure. The acquisition will allow Vocus to connect nearly 20,000 buildings across Australia. Monday’s clearance from the Foreign Investment Review Board marked the final regulatory approval needed for the transaction to proceed, TPG said in a statement. Shares of TPG Telecom ended flat, while the broader ASX 200 index closed 0.2% lower. ($1 = 1.5361 Australian dollars)

Click Subscribe #Vocus #TPGTelecom #Telecommunications #Australia #FibreOptics

Vocus + Telesat announce multi-year Telesat Lightspeed terrestrial infrastructure + services contract Vocus and Telesat (Nasdaq and TSX: TSAT) have announced that Vocus will build Australia’s fir...

#Landing #Station #LEO #News #SmallSat #Smallsat […]

[Original post on news.satnews.com]

Vocus + Telesat announce multi-year Telesat Lightspeed terrestrial infrastructure + services contract Vocus and Telesat (Nasdaq and TSX: TSAT) have announced that Vocus will build Australia’s fir...

#Landing #Station #LEO #News #SmallSat #Smallsat […]

[Original post on news.satnews.com]

Screenshot of companies and government agencies using Starlink in Australia

Screenshot of companies and government agencies using Starlink in Australia

Screenshot of companies and government agencies using Starlink in Australia

Is it just me or is anyone else just a teensy bit concerned that Starlink (aka Elon Musk) is embedded in Australia’s major telecommunications companies and gov agencies including our Australian Electoral Commission

*sources in footnotes of screenshots

#Telstra #Optus #AEC #Vocus #EmergencyServices

Vocus secured a multimillion dollar investment from WA police. The ‘anywhere communications project’, will see #Starlink reseller #Vocus supply data services to 122 remote police stations and 550 vehicles across the state.

Australia’s TPG Telecom to Sell Fibre and Fixed Assets to Vocus TPG Telecom's A$5.25 billion sale to Vocus reshapes Australia's telecom landscape. Explore its implications for consumers and industry dynamics in this insightful analysis.

🚨Australia’s TPG Telecom to Sell Fibre and Fixed Assets to Vocus🚨
What does the sale of TPG Telecom's fiber and fixed assets mean for the Australian telecommunications landscape?
#Australia #FibreAssets #FixedAssets #TPGTelecom #Vocus
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