[AusNOG] TPG acquires iiNet [SEC=UNCLASSIFIED]

[Damian Guppy]

IIRC neither of thoes two companies have a DSLAM footprint as large as
either of iiNet or TPG

--Damian

On Fri, Mar 13, 2015 at 11:54 AM, John Lindsay <johnslindsay at mac.com> wrote:

> The Senator seems to be forgetting M2, a similar size business to iiNet
> (owning brands like iPrimus and Dodo) and Exetel as the two other sizeable
> independent ISPs.
>
> John Lindsay
> johnslindsay at mac.com
> +61403577711
>
> > On 13 Mar 2015, at 1:48 pm, Brad Peczka <brad at bradpeczka.com> wrote:
> >
> > Looks like Scott Ludlam is on the ball, as usual:
> https://twitter.com/SenatorLudlam/status/576219874743058432/photo/1
> >
> > Regards,
> > -Brad.
> > ________________________________________
> > From: AusNOG [ausnog-bounces at lists.ausnog.net] On Behalf Of Guy Ellis [
> guy at traverse.com.au]
> > Sent: Friday, 13 March 2015 10:29 AM
> > To: ausnog at lists.ausnog.net
> > Subject: Re: [AusNOG] TPG acquires iiNet [SEC=UNCLASSIFIED]
> >
> > http://www.asx.com.au/asx/research/company.do#!/IIN
> >
> > Scroll down to the announcements.
> >
> > On 13/03/2015 1:25 PM, Kai wrote:
> >> I'm inclined to focus more on the ASX information than anything I see
> in the media.
> >> Are we likely to see an official statement today? or probably Monday?
> >>
> >> ----- Original Message -----
> >> From: "Anthony Moore"
> >> To:"Sam Wilson" , "Chris Chaundy"
> >> Cc:"ausnog at lists.ausnog.net"
> >> Sent:Fri, 13 Mar 2015 12:50:42 +1100
> >> Subject:Re: [AusNOG] TPG acquires iiNet [SEC=UNCLASSIFIED]
> >>
> >>  Hi All,
> >>
> >>  According to the article in the ABC,
> >>
> http://www.abc.net.au/news/2015-03-13/tpg-to-buy-iinet-in-takeover-deal/6312910
> >> :
> >>
> >>  -----
> >>
> >>  Thus the deal will merge two of Australia's largest internet service
> >> providers, with over 1.7 million broadband subscribers combined, and
> >> will need approval from the Australian Competition and Consumer
> >> Commission to go ahead.
> >>
> >>  "The ACCC will commence a public review after receiving a submission
> >> from the parties," the regulator said in a statement.
> >>
> >>  "The ACCC reviews mergers and acquisitions which have the potential
> >> to raise concerns under the Competition and Consumer Act 2010 (CCA).
> >>
> >>  "The CCA prohibits acquisitions that would have the effect, or be
> >> likely to have the effect, of substantially lessening competition in a
> >> market."
> >>
> >>  -----
> >>
> >>  Anthony
> >>
> >>  -----Original Message-----
> >>  From: AusNOG [mailto:ausnog-bounces at lists.ausnog.net] On Behalf Of
> >> Sam Wilson
> >>  Sent: Friday, 13 March 2015 9:55 AM
> >>  To: Chris Chaundy
> >>  Cc: ausnog at lists.ausnog.net
> >>  Subject: Re: [AusNOG] TPG acquires iiNet
> >>
> >>  From the ASX paperwork [1];
> >>
> >>  "Limited conditionality: the Scheme is subject only to limited
> >> conditionality, and is not subject to finance nor due diligence."
> >>
> >>  Ultimately, I guess that means short of ACCC it is as good as done.
> >>
> >>  1 - http://www.asx.com.au/asxpdf/20150313/pdf/42x7skx29vmnvt.pdf
> >>
> >>  On Fri, Mar 13, 2015 at 8:42 AM, Chris Chaundy  wrote:
> >>
> >>  Not if the ACCC says "no".
> >>
> >>  Sent from my iPhone
> >>
> >>  On 13 Mar 2015, at 09:37, Noel Butler  wrote:
> >>
> >>  Correct, but since the iinet board has unanimously accepted TPG's
> >> offer, its only a matter of paperwork now, so its as good as done
> >> deal.
> >>
> >>  On 13/03/2015 08:33, Peter Lawler wrote:
> >>
> >>  On 13/03/15 09:11, Andrew Yager wrote:
> >>
> >>  TPG has acquired iiNet
> >>
> >>  I think you'll find that this is a proposal and has not actually
> >>  happened yet.
> >>
> >>  _______________________________________________
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> >>
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> >>
> >> _______________________________________________
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> >>
> >
> >
> > --
> > Guy Ellis
> > guy at traverse.com.au
> > www.traverse.com.au
> > T: +61 3 9386 4435 M: +61 419 398 234
> >
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