ACCC clears Vocus, NextGen deal

The competition watchdog says it won't oppose Vocus Communications’ proposed acquisition of Nextgen Networks, plus two development projects, for up to $861 million.

The Australian Competition and Consumer Commission found that services provided by the two companies were "largely complementary".

"Where there was overlap, the combined competitive constraint from other major wholesale suppliers, namely Telstra, Optus, and TPG, would likely be sufficient to limit any harm to competition," the ACCC said.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
692ndVocus Communications-43%8%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$9.9m Sold
Total value as at the date of the transaction
Source: Morningstar


th-Vocus Communications$1,820.7m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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