SingTel Optus will make an off-market offer to acquire corporate telecommunications provider Uecomm from utility Alinta for a total net consideration of AU$226.8 million, the telecommunications company said this morning.
Junior telecommunications company Uecomm has lauded the "quality of business" recorded over the last two years as validating a takeover bid made by SingTel Optus last Friday.
The parent company of fashion labels Marcs, Morrissey, Jigsaw and David Lawrence, has ditched dial-up for a countrywide 512kbps WAN, which has allowed it to deploy VoIP and track its inventory in real-time.
The business arm of telecommunications provider Optus ended the fourth quarter of 2006 on a high, notching wins with the federal Attorney-General's Department, Network Ten and Suncorp Metway.
The nation's number two telco Optus today outlined a number of new and renewed enterprise customer wins as part of its quarterly financial results statement.
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