M&A Deal Summary

Vodafone New Zealand Acquires TelstraClear

On July 12, 2012, Vodafone New Zealand acquired communications company TelstraClear from Telstra for 840M NZD

Acquisition Highlights
  • This is Vodafone New Zealand’s 1st transaction in the Communications sector.
  • This is Vodafone New Zealand’s 0th largest (disclosed) transaction.
  • This is Vodafone New Zealand’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2012-07-12
Target TelstraClear
Sector Communications
Buyer(s) Vodafone New Zealand
Sellers(s) Telstra
Deal Type Divestiture
Deal Value 840M NZD

Target

TelstraClear

Auckland,, New Zealand
TelstraClear is one of New Zealand’s largest full-service communications companies, providing products and services to the business, government, wholesale and residential sectors.

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Buyer(S) 1

Buyer

Vodafone New Zealand

Auckland,, New Zealand

Category Company
Founded 1998
Sector Communications
Revenue 2.0B NZD (2019)
DESCRIPTION

Vodafone New Zealand Limited provides telecommunication services and also offers mobile, broadband, and TV services. The quality and availability of its networks have a direct bearing on New Zealand's competitiveness and future growth prospects.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (New Zealand) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Fortysouth

Auckland, New Zealand

Fortysouth builds and manage the mobile network, the digital motorway, to enable telecommunications companies to deliver advanced connectivity and transformative technologies to everyone. Fortysouth is based in Auckland, New Zealand.

Sell -

Seller(S) 1

SELLER

Telstra

Sydney, Australia

Category Company
Founded 1901
Sector Communications
Revenue 22.5B AUD (2024)
DESCRIPTION

Telstra provides telecommunications and information products and services through its Australian and offshore operations. TLS has a wide range of businesses namely fixed broadband, mobile, data and IP, network application & services (NAS), digital media and international. Telstra was founded in 1901 and is based in Sydney, Australia.


DEAL STATS #
Overall 2 of 6
Sector (Communications) 1 of 2
Type (Divestiture) 2 of 5
Country (New Zealand) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-02 KAZ Group Pty

Sydney, Australia

KAZ Group is a provider of managed information technology services.

Sell $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-22 NSC Group Pty

North Ryde,, Australia

NSC Group is a Australian owned integrator of unified communications and contact centre technology supporting over 600 customers across the Asia Pacific region.

Buy -