[AusNOG] News: Amcom buys Megaport Fibre + 15 Year lease agreement of FirstPath and questions Vocus
Bevan Slattery
bevan at slattery.net.au
Mon Nov 3 15:47:14 EST 2014
Yeah interesting few weeks. All I can say is that the network was built
with 624 cores everywhere. Superloop has a long term IRU over plenty of
fibre for its needs (and Megaports). Amcom get immediate access to the east
coast of Australia. Good deal for both parties.
Cheers
[b]
From: Skeeve Stevens <skeeve+ausnog at eintellegonetworks.com>
Date: Monday, 3 November 2014 10:49 am
To: "ausnog at ausnog.net" <ausnog at ausnog.net>
Subject: [AusNOG] News: Amcom buys Megaport Fibre + 15 Year lease agreement
of FirstPath and questions Vocus
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/Am
comExecutesEastCoastExpansion
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 (³the Proposal²), 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
<http://www.eintellegonetworks.com/>
Phone: 1300 239 038; Cell +61 (0)414 753 383 ; skype://skeeve
facebook.com/eintellegonetworks <http://facebook.com/eintellegonetworks> ;
<http://twitter.com/networkceoau> linkedin.com/in/skeeve
<http://linkedin.com/in/skeeve>
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