AustralianSuper, Singtel and Australia Tower Network to acquire Axicom
Date
April 06, 2022
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Australia
Subsectors
Telecom
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AustralianSuper and Singtel owned Australia Tower Network (ATN) have announced intent to acquire Axicom. The transaction is valued at AUD3.58 billion (US$2.68 billion).
Axicom owns and operates approximately 2,000 telecommunication sites located in metro and outer-metro locations across all eight states and territories and major cities in Australia.
