If CEO Marcus Price is successful in passing “the rule of 40” test, the group will be valued in the same way as high-flying software-as-a-service companies Xero and WiseTech.
Morrison & Co and Brookfield-backed Uniti Group is set to take on old sparring partner Vocus Group, now owned by Aware Super and Macquarie, and infrastructure funds in the battle for TPG Telecom’s Vision Network.