Slater and Gordon has announced it is investigating a potential class action against Vocus.
Vocus - News, Features, and Slideshows
Vocus has reported a $1.5 billion loss for the 12-months to 30 June, compared to a $64 million profit for FY16.
Vocus has announced a revised timeline for completion of the Australia Singapore Cable, with the telco saying today that expects it to go live in July 2018.
Discussions over a possible acquisition of Vocus have ended after the two private equity companies that expressed an interest in the telco were unable to come up with terms that were acceptable to the telco’s board.
Vocus is the subject of a second acquisition bid, with the telco revealing this morning that Asian private equity firm Affinity Equity Partners had lodged a preliminary takeover offer.
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