Normal
but wait, there's more- Uniti acquires 100% of fast-growing, specialist Retail Service Provider, Harbour ISP - Harbour ISP specialises in delivery of superfast retail broadband services in ‘greenfield’ developments - Preferred broadband RSP with leading Australian greenfield property developers, including Mirvac - More than 30,000 retail broadband customers, doubling Uniti’s current retail customer portfolio - Purchase consideration of $9.25M + 1M options (at exercise price of $1.54) to acquire UWL shares - Forecast earnings contribution, including synergies, of $3M+, a purchase multiple of ~3x EBITDA - Consistent with the rationale for Uniti’s Functional Separation Undertaking accepted in October 2020 - Highly strategic & accretive acquisition, enabling greater penetration & revenue expansion on Uniti owned fibre networks, including those added via the OptiComm acquisition
but wait, there's more
- Uniti acquires 100% of fast-growing, specialist Retail Service Provider, Harbour ISP
- Harbour ISP specialises in delivery of superfast retail broadband services in ‘greenfield’ developments
- Preferred broadband RSP with leading Australian greenfield property developers, including Mirvac
- More than 30,000 retail broadband customers, doubling Uniti’s current retail customer portfolio
- Purchase consideration of $9.25M + 1M options (at exercise price of $1.54) to acquire UWL shares
- Forecast earnings contribution, including synergies, of $3M+, a purchase multiple of ~3x EBITDA
- Consistent with the rationale for Uniti’s Functional Separation Undertaking accepted in October 2020
- Highly strategic & accretive acquisition, enabling greater penetration & revenue expansion on Uniti owned fibre networks, including those added via the OptiComm acquisition
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
