Internet provider Telstra has secured up to 110MHz of additional “mid band” in the 3.4/3.7GHz spectrum auction held by the Australian Communications a.
Australian internet provider TPG Telecom announced it has acquired new licences in the 3.7GHz spectrum band. TPG Telecom acquired spectrum in metropol.
By Stuart Condie SYDNEY TPG Telecom ended talks with Vocus over the potential 6.3 billion Australian dollars (US$4.01 billion) sale of non-mobile fiber.
"The proposed transaction involved considerable complexity and, ultimately, the parties have been unable to reach alignment on the operating model and commercial terms," TPG Telecom said in a statement. In August, Vocus had made a non-binding offer to TPG Telecom to acquire certain Enterprise, Government and Wholesale (EGW) assets and associated fixed infrastructure assets, including wholesale broadband business Vision Network. TPG later extended the due diligence period for the deal in September, before it expired in October.
Vocus Group's $6.3 billion bid for Australian telco TPG Telecom's non-mobile fibre assets will no longer push through with both sides unable t.