SYDNEY, Sept 28 (Reuters) - Australian telecoms company Vocus Communications Ltd VOC.AX said it plans to buy rival M2 Group Ltd MTU.AX for A$1.9 billion ($1.33 billion) in an all-shares deal, creating Australasia's fourth-largest provider.
In a joint statement to the Australian Securities Exchange on Monday, the companies said the board of M2 agreed to the offer of 1.625 Vocus shares for every M2 share.
($1 = 1.4259 Australian dollars)