[AusNOG] Vocus to buy NextGen/Infoplex/Metronode?

[Chris Ricks]

With Level 3's credit rating, financing the deal may be the problem.

On 16/11/12 10:40, Zone Networks - Joel wrote:
>
> Vocus + 1 J
>
>  
>
> Would have been interesting to see Level 3 in Aus though
>
>  
>
> *From:*ausnog-bounces at lists.ausnog.net
> [mailto:ausnog-bounces at lists.ausnog.net] *On Behalf Of *Skeeve Stevens
> *Sent:* Friday, 16 November 2012 10:28 AM
> *To:* <ausnog at lists.ausnog.net>
> *Subject:* [AusNOG] Vocus to buy NextGen/Infoplex/Metronode?
>
>  
>
> For those that aren't subscribers to AFR (I'm not either!), here is a
> story about NextGen and potentially Vocus being involved.
>
>  
>
> If Vocus were, I'd say HELL YES! and it would be an awesome fit, give
> them new DC's and make them an awesome player.  Yes, everyone knows
> I'm a fan of Vocus, a lot of us in the Service Provider game are...
> and it would be amazing to see Vocus rise to this level.
>
>  
>
> I'm really NOT a fan of TPG having both Pipe Networks and NextGen (as
> someone who designs infrastructure).  The same reason goes for Telstra
> and Optus not having it.  Maybe the ACCC would stop TPG buying it as
> well (let's hope).
>
>  
>
> I've heard a few things at different events in the last couple of
> weeks.  Apparently Level 3 are no longer interested - too expensive
> for what it is.
>
>  
>
> I've also heard that the price that Leightons wants to these assets
> seem to be way more than what people are prepared to pay.
>
>  
>
> ...Skeeve
>
>  
>
> ---
>
>  
>
> From the AFR:
> (http://www.afr.com/p/opinion/mixed_bag_of_contenders_mulls_leighton_DaVoj8N1t22wY0436jXHnI)
>
>  
>
> *Mixed bag of contenders mulls Leighton assets*
>
>  
>
> PUBLISHED: 16 Nov 2012 PRINT EDITION: 16 Nov 2012
>
>  
>
> Edited by Sarah Thompson and Anthony Macdonald
>
>  
>
> As the sale process for Leighton Holding's telecommunications assets
> inches forward, there is no shortage of theories on what kind of deal
> might emerge.
>
>  
>
> Leighton has engaged Macquarie Capital to explore the sale of its
> fibre network owner NextGen, managed services provider Infoplex and
> data centre business Metronode. Indicative bids are due by the end of
> next week.
>
>  
>
> The latest unlikely company to be thought to be involved is Vocus
> Communications. With a market capitalisation south of $130 million, it
> seems very hopeful. It would clearly need a bigger partner to fund any
> tilt at the assets, which analysts say could fetch as much as $1 billion.
>
>  
>
> Would a private equity buyer be able to shore up funding amid a weak
> macro-economic outlook and the politically precarious state of the
> national broadband network?
>
>  
>
> Only time will tell but it seems safe to say that Vocus is a name to
> keep an eye on. The small-cap data centre provider is among a range of
> domestic telcos and international private equity firms that was handed
> an information memorandum last month.
>
>  
>
> Vocus would bring local expertise to the table in any partnership with
> an offshore buyer, and its management has high ambitions.
>
>  
>
> Its shares have outperformed the broader market, rising about 22 per
> cent in 2012. Yesterday, Perpetual increased its stake to 8.6 per cent.
>
>  
>
> For Leighton, a successful sale before Christmas could alleviate
> pressures on its balance sheet amid lingering concerns over further
> write-downs.
>
>  
>
> TPG Telecom remains the most plausible buyer given its strong balance
> sheet, acquisitive owner David Teoh and the fact that NextGen would
> complement its existing fibre backhaul footprint.
>
>  
>
> iiNet will mull over a potential bid at a board meeting next week but
> is still considered a long shot. Telstra and Optus could consider
> Infoplex and Metronode but would likely be blocked by the competition
> regulator in any move for NextGen.
>
>  
>
> The Australian Financial Review
>
> -----
>
>
>  
>
> *Skeeve Stevens, CEO - *eintellego Pty Ltd
>
> skeeve at eintellego.net
> <mailto:skeeve at eintellego.net> ; www.eintellego.net
> <http://www.eintellego.net/>
>
> Phone: 1300 753 383; Cell +61 (0)414 753 383 ; skype://skeeve
>
> facebook.com/eintellego
> <http://facebook.com/eintellego> ; linkedin.com/in/skeeve
> <http://linkedin.com/in/skeeve> 
>
> twitter.com/networkceoau <http://twitter.com/networkceoau> ;
> blog: www.network-ceo.net <http://www.network-ceo.net/>
>
> The Experts Who The Experts Call
>
> Juniper - Cisco -- IBM - Brocade - Cloud
>
> -----
>
> Check out our Juniper promotion website for Oct/Nov!  eintellego.mx
> <http://eintellego.mx/>
>
> Free Apple products during this promotion!!! 
>
>  
>
>
>
> _______________________________________________
> AusNOG mailing list
> AusNOG at lists.ausnog.net
> http://lists.ausnog.net/mailman/listinfo/ausnog


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.ausnog.net/pipermail/ausnog/attachments/20121116/0ce6e53d/attachment.html>