Brief: Aussie Broadband To Buy AGL Telco Assets

AGL Energy

11/02/2026 01:38

Feb 11 (Reuters) - Aussie Broadband ABB.AX:

TO BUY AGL TELCO ASSETS

ACQUISITION ADDS 350,000 CONNECTIONS AND 46,000 VOICE SERVICES

AGREEMENT EXPECTED TO DELIVER A$235 MILLION REVENUE, A$21 MILLION EBITDA

UPFRONT CONSIDERATION OF A$115 MILLION TO BE PAID IN ABB SHARES

Further company coverage: ABB.AX

 ((Reuters.Briefs@thomsonreuters.com;))