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Tag: aapt
Former Aapt Ceo joins Nextgen Networks
2014-10-20 05:47:23| Telecom - Topix.net
Yuile departed AAPT in February 2014 after TPG completed its $450 million acquisition of AAPT from Telecom New Zealand. He had been with AAPT for seven years.
Tags: networks
ceo
joins
nextgen
TPG to buy AAPT for AUD 450 mln
2013-12-09 00:51:00| Telecompaper Headlines
(Telecompaper) Australian communications provider TPG Telecom will buy AAPT from Telecom New Zealand for AUD 450 million on a debt-free and cash-free basis. TPG will fund the acquisition by increasing and extending its existing debt facility. AAPT offers voice, internet, data, and cloud services to business and wholesale customers via its national network. TPG said that the acquisition will add 11,000km of fibre across six states and territories, fibre access to 1,500 premises, 15 data centres across all major capital cities, and widespread mid-band Ethernet capability to the company. Telecom New Zealand said that the sale of AAPT is consistent with its aim to focus principally on the New Zealand operations. The company anticipates in the first instance sale proceeds will be used to repay debt. The transaction, which is expected to complete on 28 February 2014, follows the sale of AAPT's consumer division in September 2010.
Telecom sells AAPT for A$450m
2013-12-08 22:38:10| Telecom - Topix.net
Telecom Corp, the country's biggest telecommunications company, has sold its Australian AAPT unit for A$450 million to ASX-listed internet service provider, TPG Telecom, beating initial expectations of what the unit would go for.
Tags: telecom
sells
aapt
telecom sells
Telecom puts AAPT up for sale again - reports
2013-10-22 02:48:43| Telecom - Topix.net
Telecom is sniffing the wind for potential buyers of Australian AAPT unit again as it overhauls its business under new chief executive Simon Moutter, according to media reports.
Tags: sale
reports
telecom
puts
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