Vocus expands in Western Australia with purchase of Data Centre

August 13, 2014

VPerthocus Communications  announced today that it has expanded its data centre presence in Western Australia by entering into an agreement to buy the state of the art Bentley Data Centre from ASG Group Limited (ASG). The data centre services some of Australia’s largest mining and utilities companies under long term contracts.

ASG is also a tenant of the data centre providing hosting services to their managed services clients .  As part of the acquisition, Vocus will become preferred supplier to ASG for all telecommunications services both locally in Perth and across Australia.   The data centre services some of Australia’s largest mining and utilities companies under long term contracts.

The purchase price for the data centre is $11.7m and is funded from existing cash resources. The acquisition will be EPS accretive in the first year.

Vocus Communications shares have enjoyed spectacular returns of 139.4% over the past 12 months, outperforming the ASX200 Accumulation Index by more than 10 times.

Our Top Recommendations
Total returns on capital growth and dividends for 12 months ended 31 August 2018
Afterpay Touch
380.90%
Altium Limited
183.65%
Lovisa Holdings
141.83%
Xero Ltd
114.40%
CSL Limited
78.36%
Resmed Inc
62.62%
Bingo Industries
61.40%
Macquarie Group
55.13%
Nextdc Limited
54.80%
Relance Worldwide
52.21%
ASX200 Accum Index (comparison)
15.96%