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Australia’s tower operator Axicom sold for $2.68bn

The infrastructure brand is owned by Macquarie Asset Management (MAM) and its co-investors, the Abu Dhabi Investment Authority (ADIA).

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

April 04, 2022 | 12:30 AM BST

Australia’s tower operator Axicom sold for $2.68bn

Singtel Group Chief Corporate Officer, Lim Cheng Cheng. Source: Singtel

The Tech Capital

AustralianSuper and Singtel-owned Australia Tower Network (ATN) said they will jointly acquire Australian telecommunications tower infrastructure operator Axicom for AU$3.58 billion (US$2.68bn).

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João Marques Lima

Founder and Editor, The Tech Capital

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