Feeds

M2 buys up more Australian customers

Austar exits mobile biz

Boost IT visibility and business value

Regional pay TV provider Austar has sold its mobile assets to the M2 Telecommunications Group for $2m. The transaction includes approximately 15,000 active Austar mobile customers (and associated data records), which generate annual revenue of $10m.

Austar’s mobile base has been falling, with the company revealing in its half-year results a decline from 19,970 in the previous financial year to its current level of 14,675.

This continues an exit from non-core businesses from Austar, which earlier this month sold its 2.3 GHz and 3.4 GHz wireless spectrum to NBN Co.

M2 has been expanding its business by acquiring customers from other small carriers and ISPs. It will add the Austar customers to its Southern Cross Telco business. Other M2 acquisitions have included Clear Telecoms (paying $24.5m for 20,000 small-medium business customers), and the telecom assets of Commander Communications in 2009. ®

Using blade systems to cut costs and sharpen efficiencies

More from The Register

next story
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.