Superloop sells Hong Kong ops, Singapore assets to Columbia Capital, DigitalBridge for AUD 140 mln

Monday 18 October 2021 | 08:43 CET | News
Australia's Superloop has agreed to sell its Hong Kong operations and select assets in Singapore to Columbia Capital and DigitalBridge for AUD 140 million. Superloop reports that the sale price represents a 30 percent premium to the AUD 108 million carrying value of the assets today.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: Superloop
Countries: Australia
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


DigitalBridge doubles revenues to USD 252 mln in Q3

Published 05 Nov 2021 09:48 CET | World
DigitalBridge, previously known as Colony Capital, said revenues for the third quarter double to USD 252 million from 123 million ...

Superloop to acquire Australian ISP Exetel for AUD 110 million

Published 08 Jun 2021 08:52 CET | Australia
Australia's Superloop has agreed to acquire Exetel for AUD 110 million. Exetel will bring 110,000 customers and AUD 150 million ...

Vocus, Amcom founders acquire Swoop in AUD 61 mln reverse takeover deal

Published 19 Feb 2021 09:58 CET | Australia
Swoop Telecommunications and NodeOne have been acquired by Stemify in a reverse takeover deal worth AUD 61.3 million. The fixed ...

BSO selects Superloop for DWDM capacity upgrade across Singapore network

Published 11 Dec 2020 08:35 CET | Singapore
Global telecoms operator BSO has enhanced its Singapore network. BSO has partnered with Australia's Superloop to provide the ...