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OTW to acquire SpiderBox

Over the Wire Holdings Limited (ASX:OTW) is pleased to announce that it has entered into a conditional business sale agreement to acquire the assets of Access Wireless and Cable Pty Ltd (Spiderbox). Primary assets include the fibre network at Brisbane Technology Park and its clients. Spiderbox’s staff will also transition to Over the Wire.

The agreement is subject to several conditions and if these conditions are met the acquisition will complete on 31 March 2016.

More details are available on the Investors page.