Feeds

iiNet to buy Adam Internet

Swoops after Telstra's tilt tanks

Maximizing your infrastructure through virtualization

iiNet has announced it will acquire Adam Internet for $AUD60m.

The announcement comes just weeks after Telstra abandoned its quest to acquire the ISP. Telstra's ambitions were roundly criticised as anti-competitive when it announced its intentions in October 2012, with Vodafone Hutchinson Australia, iiNet and Macquarie Telecom issuing a statement decrying it as anti-competitive.

The three were clearly on to something, because the Australian Competition and Consumer Commission (ACCC) sought comment on the deal and then spent months pondering it. Telstra eventually walked away, citing frustrations with the amount of time required (which may have been code for jumping before it was pushed).

That Telstra stuck it out for over six months is said to have been attributable to its desire to acquire an ISP with decent infrastructure it could use to create a second ISP brand. BigPond would have been left as its permium brand, leaving Adam to fight it out at the low end of the market.

Whether that strategy is still being pursued is moot, as iiNet today said it'll acquire Adam for $60m. The deal brings iiNet “approximately 70,000 broadband subscribers” and takes its total customer population beyond the 900,000 mark.

The ACCC has already signed off on the deal. ®

Reducing security risks from open source software

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
Bring back error correction, say Danish 'net boffins
We don't need no steenkin' TCP/IP retransmission and the congestion it causes
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

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.
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.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.