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Posts Tagged ‘michael malone’
News, Telecommunications - Tuesday, January 31, 2012 17:45 - 11 Comments
iiNet completes Internode buyout a month early
news National broadband provider iiNet this afternoon announced it had completed its $105 million buyout of rival Internode, a month ahead of schedule.
The pair announced their nuptials in late December just days before Christmas, in a deal which will add some 190,000 broadband subscribers and some 260,000 active services to iiNet’s already extensive customer base, vaulting the company into clear second place in Australia’s ADSL broadband market, ahead of Optus. The deal also extends iiNet’s current ADSL infrastructure and will see Internode managing director Simon Hackett (pictured) become a major iiNet shareholders.
- TPG may buy iiNet, Telstra tells staff
- Hackett hammers iiNode critics
- Chekhov’s gun: Why Hackett had to fire Internode
- Hackett’s NBN scale claim “sheerest nonsense”: Linton
- The theory of infinite Simon Hacketts
- Internode sale shows NBN killing competition: Turnbull
- iiNet to buy Internode
- TPG buys another stack of iiNet shares
- Simon Hackett should “cash out”, sell Internode,
says iiNet CEO Malone
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