AAPT acquires NEC Australia’s Nextep business and signs strategic alliance to maximise partnership opportunities
Sydney, November 14, 2012 – Australia’s leading business telecommunications infrastructure company AAPT today announced it would purchase NEC Australia’s Nextep DSL business as part of a long-term strategic Alliance between the two organisations.
Under the Alliance agreement, both parties will work together on several partnership opportunities, leveraging AAPT’s extreme performance network and NEC’s world-class technology and managed ICT portfolio.
AAPT will also acquire the Nextep DSL business of NEC, confirming its position as a leading independent provider of wholesale broadband services. Nextep is a wholesale carriage service provider delivering broadband services to urban, metropolitan and regional areas.
“The potential of this partnership with NEC is an exciting addition to our very successful Alliance program, aiming to give customers best-of-breed, pre-integrated solutions of technology, managed ICT and networks from the respective experts in each field,” said AAPT CEO David Yuile.
“AAPT is delighted to welcome all the Nextep customers and is confident, given our extensive broadband experience, they will continue to be well served,” he said.
The acquisition, which is subject to several standard sales conditions, is expected to be completed by 30 November 2012.
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AAPT is one of Australia's leading telecommunications infrastructure companies, offering mobile, data, cloud and internet services for business, government and wholesale customers, via its extensive national network. AAPT is 100% owned by Telecom New Zealand and in the top 100 largest listed companies on the Australian Stock Exchange. AAPT is one of only three Australian telecommunications companies to own and operate a national voice and data network and it has one of Australia’s most extensive and highest-quality IP networks.
AAPT is a business telecommunications infrastructure company that strives to deliver extreme performance across every level of the organisation. Its dedicated focus is on creating partnerships with its business customers unmatched by its competitors. For more information, visit www.aapt.com.au