TPG Internet Pty Ltd: TPG to sell fiber, fixed network assets to Vocus for $3.5 billion

Vocus will gain 24,000 km of fiber, 7,000 km of international submarine cables and 20,000 connected buildings from TPG Australia's TPG Telecom revealed Monday it will sell its fiber and fixed network infrastructure assets Macquarie Asset Management and Aware Super's telecommunications group Vocus for $3.54 billion. Once finalized, the deal will see Vocus assume ownership of [...]The post TPG to sell fiber, fixed network assets to Vocus for $3.5 billion appeared first on RCR Wireless News.