E-mail Comment Del.icio.us Digg Reddit Technorati Furl

iiNet to Acquire OzEmail

Feb 16, 2005 Internet, ISPs

iiNet to Acquire OzEmail (Yahoo / Press Release)

From the release: “With OzEmail’s 230,000 active non-casual customers, including 47,000 broadband users, and 65,000 active casual customers, iiNet’s total customer count will grow overnight to more than 620,000. With OzEmail’s customer base being largely on the east coast, the deal will add further clout to iiNet’s aggressive DSLAM network rollout across Australia.

[..]

iiNet will make a cash payment of approximately $82.6 million (USD) to MCI.“

That’s a lot of cash. iiNet could have bought several Comindicos for that price but it appears they are more interested in the consumer market. This seems to be a growing trend with the owners of Dodo Internet recently selling off their wholesale business KBS to Wholesale Communications Group to focus on the retail market.

In other news wireless network provider Unwired has announced the have picked up 17% of new residential broadband connections in Sydney in the 4 months from 19 August 2004. This translates to 13,766 users, most of which were obtained directly through retail channels.

This entry was posted on Wednesday, February 16th, 2005 at 8:56 am and is filed under Internet, ISPs. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.