[AusNOG] News: Amcom buys Megaport Fibre + 15 Year lease agreement of FirstPath and questions Vocus

Skeeve Stevens skeeve+ausnog at eintellegonetworks.com
Mon Nov 3 11:49:09 EST 2014


Hi,

It is news Monday again... fun fun.

So... in an announcement available at:
http://investor.amcom.com.au/IRM/Company/ShowPage.aspx/PDFs/1622-10000000/AmcomExecutesEastCoastExpansion

*Amcom states that it has:*

- Purchased the 180km of fibre assets of Megaport in Melbourne, Sydney

- It has agreed on access to access of the FirstPath network (15 years) for

- 30 Exchanges are being fitted out with EFM with customers on-boarding
from Q1 2015


*A side note:*

While Megaport has sold its fibre assets to Amcom, Superloop (Which
provides fibre to Megaport) has a lease-back agreement for a very long term
from Amcom for a significant amount of capacity.  This means
Megaport/Superloop still have access to capacity, and potentially even more
from the Amcom network infrastructure.


*An interesting note at the bottom of the ASX announcement is:*

-----
*Update on Proposal from Vocus Communications Limited (VOC) *

Further to its announcement on 27 October 2014, outlining receipt of a
confidential, conditional, incomplete and non-binding proposal from Vocus
Communications Limited (“the Proposal”), Amcom confirms it is continuing
discussions with Vocus to determine whether or not there is a basis to
progress the Proposal. There remains no certainty that these discussions
will result in a transaction.
-----

Hostile approach by Vocus perhaps?  Clearly Amcom doesn't see the Vocus
announcement of last week in the same way that Vocus does.

...Skeeve

*Skeeve Stevens - *eintellego Networks Pty Ltd
skeeve at eintellegonetworks.com ; www.eintellegonetworks.com

Phone: 1300 239 038; Cell +61 (0)414 753 383 ; skype://skeeve

facebook.com/eintellegonetworks ;  <http://twitter.com/networkceoau>
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