Macquarie Asset Management will sell 100 per cent of its mobile towers business, Axicom. The business includes approximately 2,000 telecommunications sites in metropolitan and outer-metropolitan area's across Australia.
Key Dates
| Apr 2022 | Contract Award |
Procurement
| Successful Tenderer: | Australian Tower Network, owned by AustralianSuper and Singtel. |
PROJECT HISTORY
| Apr 2022 | Macquarie Asset Management announced it entered into an agreement to sell a 100 per cent stake in its mobile towers business, Axicom, to Australian Tower Network (ATN), owned by AustralianSuper and Singtel, for $3.6 billion. |
Estimated Total Cost
(2022)
Sector
Telecom
Procurement approach
Brownfield transaction |
Location
National |
Resources
