Australia Tower Network (AustralianSuper & Singtel) Acquires Axicom from Macquarie Asset Management

April 1, 2022

Australia Tower Network (ATN), owned by AustralianSuper and Singtel, has agreed to buy 100% of Axicom from Macquarie Asset Management and its coinvestors for A$3,580 million. Axicom is Australia’s largest independent mobile towers owner (around 2,000 sites); the acquisition expands ATN's Australian tower portfolio and provides a platform for further growth and co-location opportunities.

Buyers
Australia Tower Network (ATN), AustralianSuper, Singtel
Targets
Axicom
Sellers
Macquarie Asset Management
Location
New South Wales, Australia
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.