Feeds

Is iiNet about to spend a bob on TransACT?

Updated: iiNet in trading halt

Intelligent flash storage arrays

Talk of a sale of Canberra-based ISP and pay TV company TransACT is back on the agenda, with reports that iiNet is a front-runner to buy the carrier.

Speculation that TransACT is for sale has popped up on a fairly regular basis as far back as 2004, and in 2009, but this time, the Australian Financial Review is reporting “final negotiations” from behind its paywall.

TransACT was an early entrant into infrastructure-based competition in Australia, building a fibre / VDSL network in Australia’s capital that was established in 2000. As well as its network operations, the carrier operates data centres in the ACT, and in 2008 acquired Victorian regional HFC network operator Neighborhood Cable.

Acquisition of TransACT would give iiNet more than just a residential network: over time, the company has also made its way into both state and federal government agencies. The Canberra company also claims 5,000 SME customers, a market that iiNet is increasingly targeting with new services.

Potential suitors for TransACT would have more that the network and customers, however. Its ten-year history in the pay TV market gives it an array of existing content deals, something that is increasingly frustrating to ISPs trying to attract consumers to their IPTV offerings.

iiNet is itself the subject of takeover speculation, with rival ISP TPG buying its way onto the share register. ®

Update: iiNet is now in a trading halt on the Australian Securities Exchange, pending "an announcement by the company". It says it will return to trading either after its unspecified announcement is made, or on Friday 18 December. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.