Macquarie Infrastructure-backed Vocus Group could return for another crack at TPG Telecom’s assets amid its frustration over the collapse of a $6.3 billion deal.

TPG Telecom shares plunged after it failed to reach an agreement with Vocus over a transaction to offload its Vision Network. TPG’s shares fell more than 6.5 per cent to $5.09 on Monday when it announced talks with suitor Vocus had crumbled.