AGL makes new Vocus buyout offer
An acquisition of Vocus by Australian energy company AGL is back on the table. Vocus revealed this morning that it had agreed to due diligence terms with AGL.
An acquisition of Vocus by Australian energy company AGL is back on the table. Vocus revealed this morning that it had agreed to due diligence terms with AGL.
Vocus New Zealand, owner of Slingshot and Orcon, has hit out at Chorus' proposed pricing for access to its unbundled fibre saying it will make the provision of competitive services impossible.
Vocus has begun routing traffic via the new Australia Singapore Cable (ASC) after a major outage on the Sea-Me-We3 (SMW-3) subsea cable system.
Vocus says that its new Australia Singapore Cable will be ready for service on 14 September.
Kevin Russell has been appointed Vocus Group CEO and managing director.
Vocus Group has decided against selling its New Zealand business, announcing today that it has “ceased all discussions with interested parties in the sale process”.
Vocus revealed today it has decided to split its Enterprise & Wholesale business into two operating segments.