You are here

TPG Telecom to buy rival iiNet for A$1.4b

Deal, which will catapult TPG to No 2 position in fixed-line broadband business, could provoke Optus counter offer


AUSTRALIA'S TPG Telecom Ltd on Friday said it will buy domestic Internet services provider iiNet for A$1.4 billion (S$1.5 billion), in a deal that could provoke a counter offer from larger rival Optus.

The deal, which comes at a time when Australia is rolling out a fast

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom