Aussie Broadband Ltd. · ASX:ABB
Aussie Broadband — Merger or Acquisition (December 2021)
17 slides from Aussie Broadband's merger presentation, Dec 2, 2021
Slide 1: Changing the game in business telecommunications
Changing the game in business telecommunications. Aussie Broadband to acquire Over the Wire in a recommended transaction. 2 December 2021
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Aussie Broadband Limited ACN 132 090 192 (ASX: ABB) (ABB) and is designed to provide general background information about the proposed acquisition by ABB of 100% of the issued share capital of Over The Wire Holdings Limited ACN 1
Slide 3: Acquisition highlights
Acquisition highlights The acquisition delivers a large scale, fast growing and diversified telecommunications offering to residential and business customers whilst accelerating value creation for shareholders. • The acquisition of Over the Wire (OTW) will be by a recommended Scheme of Arrangement.
Slide 4: Transaction overview
Transaction overview 4
Slide 5: Transaction summary
Transaction summary • Creates a large scale and diversified telecommunications offering. • Accelerates skills, capabilities and product growth within the Aussie Broadband business segment and the addition of recurring and Key strategic rationale contracted customer revenue. • Leverages Aussie Broadb
Slide 6: Transaction summary
Transaction summary The acquisition will have significant and immediate financial benefits, including: • The combination is anticipated to deliver annual cost synergies of between $8 to $12 million within 3 years, ongoing replacement capital expenditure savings in addition to significant strategic a
Slide 7: About Over the Wire
Ce» Aussie = Broadband About Over the Wire
Slide 8: About Over The Wire
About Over The Wire High margin telecommunications and IT solutions provider offering voice, data networks and cloud infrastructure with contracted revenue. Overview Company evolution Founded in 2005, Over the Wire is a technology company Proven history of integrating add-on acquisitions. and integr
Slide 9: About Over The Wire
About Over The Wire A full end-to-end solutions offering focused on medium business, enterprise, government and wholesale customers. Telco of the future OTW’s goal is to be the integrated platform underpinning the digital transformations of Australian and New Zealand businesses. OTW are challenging
Slide 10: Transaction rationale
Cer Aussie = Broadband Transaction rationale
Slide 11: Strategic rationale
Strategic rationale Acceleration of business focused capabilities by leveraging each others’ key strengths, technologies and solutions. • Direct connection to all 121 nbn Points of Interconnect • No direct connection to any nbn POIs. (POIs). • 99% third party leased fibre network. Data & Networks •
Slide 12: Strategic rationale
Strategic rationale Compatible customer base and network which will enable synergies to be unlocked over time. • Over 410,000 residential and 28,000 business, MSP & • Over 16,000 business, government & wholesale customers. Customers government customers. • Over 700,000 active numbers on the NetSIP v
Slide 13: Go to market strategy
Go to market strategy Multiple customer segments and solutions once integrated. Residential Business • Focused on the premium end of the residential market • Focused on small and medium single site businesses (covers 50% of the market). (approx. 2.3 million nationally). • Comprehensive offering incl
Slide 14: Operational rationale
Operational rationale Unlocking operational efficiencies using best of breed systems. • Accelerates product and skills capability in the Aussie Broadband business segment with the addition of recurring and contracted revenue derived from the OTW customer base. • Combines approximately 410,000 reside
Slide 15: Scheme overview
Wes Aussie = Broadband Scheme overview
Slide 16: Scheme and timetable
Scheme and timetable OTW and ABB have entered into a Scheme Implementation Deed (SID) which, among other things, governs the terms Overview upon which OTW will propose and implement the Scheme with its shareholders. Transaction structure The acquisition of OTW is to be effected via a court approved
Slide 17: Authorised for release by the Aussie Broadband Board
Authorised for release by the Aussie Broadband Board. Media enquiries: Katrina Salhioui on 0448 110 962 Registry inquiries: Link Market Services on 1300 554 474 Other inquiries: investors@team.aussiebroadband.com.au About Aussie Broadband Limited: Aussie Broadband is an Australian owned and operated
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