Australia – Page 2
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Financial & PerformanceTPG accelerates simplification, but infra stutters make for a bumpy ride
Australian operator posts progress on modernisation and simplification in FY23, and tees up more product and systems culls for FY24. Attempts to rationalise TPG’s physical infrastructure portfolio, though, have proved difficult…
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PeopleEx-Three exec becomes CEO at Australian TowerCo Waveconn
Grant Stevenson to move up into Chief Executive slot at business formed out of TPG Telecom’s wireless infra. New boss’s CV includes spells at the former Vodafone Hutchison Australia and co-parent CK Hutchison.
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PremiumElsewhere in Associates & JVs: Rumours resurface over Ardian takeover of INWIT
Rumours resurface over Ardian takeover of INWIT.
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Network & InfraTPG preps for network innovation with 4G shift to Ericsson dual core
Ericsson hits another milestone in a long-running core network transformation programme for TPG, as the operator moves towards a containerised cloud-native setup.
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Venturing & InvestmentsIFM targets UK infra with £10bn capital injection
Australian investor plans to analyse “commercially viable” opportunities in collaboration with UK government, bolstering its existing commitments to fuel the nation’s infra expansion.
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Partnerships & AlliancesBT taps Telstra for Asia-Pacific broadcasting reboot
Operators’ media and broadcasting arms unite to deliver unified media network, extending BT and Telstra reach into Asia-Pacific.
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PremiumElsewhere in Associates and JVs: Vantage looks to increase political presence
Vantage looks to increase political presence with Berlin office.
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M&AVocus seeks debt partners to keep TPG bid rolling
Consortium of banks sought to fund acquisition of TPG’s non-consumer fibre business in what could be Australia’s biggest refinancing deal of the year.
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Network & InfraThe Backfill: Vantage DC raises funds to refinance sites
Vantage Data Centers bags $1.35bn in securitised notes to refinance North American data centres. Competition to SpaceX’s Starlink ramps up, while various digital infra players mull strategic options. Elsewhere, KKR sees opportunity in Asian infrastructure market, as it opens a new Indian office.
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M&ACVC sets sights on infrastructure with DIF buyout
Private equity-focused CVC prepares to acquire 100% of infrastructure investor DIF Capital Partners.
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PremiumTPG MVNO push gathers steam with IMZI launch
A subsidiary of long‑term enabler partner Isoton is delivering a cheap and quick path for brands to get up and running as MVNOs.
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PremiumElsewhere in Associates and JVs: TPG and partners showcase future of metaverse
TPG and partners showcase future of metaverse.
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Strategy & ChangeTPG to cull brands as integration gives way to simplification
CEO Iñaki Berroeta announces multi-year simplification programme that aims to establish a “leaner, nimbler” TPG Telecom.
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Network & InfraInfra sale talks continue as TPG looks to get lean
Australian operator aiming to become more consumer-focussed and mobile-oriented, with talks ongoing with Vocus over non-mobile infra assets sale.
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Network & InfraThe Backfill: Newmark launches new data centre investment platform
Real estate advisory group launches new data centre investment platform. GoFibre and Lightning Fibre set for UK fibre network expansion.
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Strategy & ChangeTelstra’s InfraCo sale off the table (for now)
CEO Vicki Brady sees growth opportunities for the standalone unit, fuelled by a “shift to the cloud and rapid AI adoption”.
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Venturing & InvestmentsSCALEUP X: Tomorrow Street hunts for Vodafone’s next wave of strategic suppliers
Tomorrow Street CEO Kenneth Graham aligns new acceleration programme with Vodafone’s priorities. Initial cohort (Armis, Cyware, Emplay, Greymatter.io, HeadSpin, Invia, Maxbyte, SourseAI, Vyntelligence, Workato) boasts north of $1bn funding, with top-tier backers including Atlassian, Battery, Brookfield, Dell, NetApp, Palo Alto, SAP, Sequoia, ServiceNow, Zscaler. Learn more…
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Venturing & InvestmentsIFM backs SUPA smart building InfraCo
AUD 50m private equity investment boosts new player’s converged infrastructure model for multi-dwelling buildings.
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PremiumElsewhere in Associates and JVs: Vi hires Ericsson for massive charging overhaul
Vi hires Ericsson for massive charging overhaul.
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PremiumGlasfaserPlus eyes new partners in 2023
CEO Ralf Greßelmeyer hails benefits of open access approach.