SLC - Superloop Limited
- Thread starter System
- Start date
-
- Tags
- slc superloop limited
Dona Ferentes
Abrió la caja, vio al gatito, y sonrió
- Joined
- 11 January 2016
- Posts
- 15,739
- Reactions
- 21,462
acquisitive player... city cores are where the capacity is worked.
.
SLC has entered into an agreement to acquire Optus’ subsidiary Uecomm Pty Ltd for $17.5 million, which will add over 2,000 kilometres of high-capacity fibre assets (including 800 kilometres of owned duct). The fibre network is located across Sydney, Melbourne and Brisbane/Gold Coast central business districts and metropolitan areas. It will also provide access to more than 1,900 buildings and
approximately 50 data centres. The purchase of the fibre assets will be funded via cash and existing debt facilities and is expected to complete in early 2025.
This acquisition will increase the size of Superloop’s network in key metropolitan areas, complementing our existing network and expanding our high-speed data and internet service offering across our three segments.
“The location of the assets also boosts our Smart Communities ambitions, lowering capex connections to new buildings and broadacre developments.” Superloop CEO Paul Tyler said.
While the initial contribution to EBITDA will be neutral in the first year, the acquisition provides Superloop greater
control over a broader fibre network and will result in longer term cost and revenue synergies.
.
SLC has entered into an agreement to acquire Optus’ subsidiary Uecomm Pty Ltd for $17.5 million, which will add over 2,000 kilometres of high-capacity fibre assets (including 800 kilometres of owned duct). The fibre network is located across Sydney, Melbourne and Brisbane/Gold Coast central business districts and metropolitan areas. It will also provide access to more than 1,900 buildings and
approximately 50 data centres. The purchase of the fibre assets will be funded via cash and existing debt facilities and is expected to complete in early 2025.
This acquisition will increase the size of Superloop’s network in key metropolitan areas, complementing our existing network and expanding our high-speed data and internet service offering across our three segments.
“The location of the assets also boosts our Smart Communities ambitions, lowering capex connections to new buildings and broadacre developments.” Superloop CEO Paul Tyler said.
While the initial contribution to EBITDA will be neutral in the first year, the acquisition provides Superloop greater
control over a broader fibre network and will result in longer term cost and revenue synergies.
