Project

Axicom Tower Sale

PROJECT STATUS
Awarded

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