Summary of tower industry news across Asia
Australia: KKR offers to purchase Vocus Group
KKR has offered to buy Vocus Group for approximately US$1.6bn. If the deal goes through, KKR would acquire a national fibre network connecting all Australian capitals and key cities in New Zealand.
Australia: Vodafone Australia and Telstra battle over technical barriers
Vodafone Australia is accusing Telstra of increasing its co-location prices and creating technical barriers. Telstra has been denying the accusation and claimed to Australian news outlets that “it is offering sufficient space on its towers and discounted pricing.”
Australia: the Coalition to deliver 765 towers
The Coalition Government’s AU$220mn Mobile Black Spot Program has released an indicative rollout plan for the 765 towers to be rolled out in phase one and two.