1. OCAU Merchandise is available! Check out our 20th Anniversary Mugs, Classic Logo Shirts and much more! Discussion in this thread.
    Dismiss Notice

iiNet to acquire Internode

Discussion in 'Networking, Telephony & Internet' started by Agg, Dec 22, 2011.

  1. Alfonzo

    Alfonzo Member

    Joined:
    Apr 7, 2003
    Messages:
    13,168
    Location:
    4152, Brisbane
    I'm personally with Optus atm on an ADSL2+ plan, but my contract ended last month so I'm now doing my homework on a new one.

    Was considering TPG's unlimited ADSL2+ as it's available in my area, but was also keeping an eye on both iiNet and Internode respectively. This has kind of screwed my decision making up a little now. :lol:
     
  2. fR33z3

    fR33z3 Member

    Joined:
    Jul 16, 2001
    Messages:
    2,164
    Location:
    Perth
    "all your internodes are belong to us" - iiBorg.
     
  3. RoSWeLL

    RoSWeLL Member

    Joined:
    Oct 23, 2002
    Messages:
    1,664
    Location:
    Hobart
    wow, for a moment I thought it was Aprils fools ...

    As long as Internode remains seperate for the meantime I think none of us should have anything to worry about? I don't see plans changing unless they were merged into iinet.
     
  4. timsarg

    timsarg Member

    Joined:
    Apr 27, 2006
    Messages:
    3,683
    westnet was fine after iinet bought it so see no issues with this merger . As the article said it's a win win for both companies .
     
  5. MWP

    MWP Member

    Joined:
    Jun 27, 2001
    Messages:
    4,632
    Location:
    Adelaide
    Something like this was always going to happen soon.

    Internode have had major cash flow issues over the last year or so.
    They have also lost all their top level (read: knowledgeable) network guys to other companies.

    It was looking like Internode would go bust or fall in a heap network wise sometime in the next few years.

    From what ive heard, its pretty much all been Simon's own fault through bad management decisions.
    It sounds like he has got out of the situation quite well.
     
  6. ir0nhide

    ir0nhide Member

    Joined:
    Oct 24, 2003
    Messages:
    4,652
    Location:
    Adelaide
    Your timing was a little off.
     
  7. JoJoker

    JoJoker (Banned or Deleted)

    Joined:
    Apr 1, 2010
    Messages:
    2,488
    Location:
    NOPE
    I was about to switch from Netspace because of iiNet's take over. I'm glad I saw this beforehand, it will make my decision easier.
     
  8. shadowman

    shadowman Member

    Joined:
    Aug 3, 2003
    Messages:
    2,752
    Location:
    Perth
    How so? Mergers and Acquisitions is part of any industry, you'll find most large industries (Banking, Finance, Insurance, Automotive) all tend to shift towards many large companies, rather than small companies.

    As long as there are three major players in the market, the ACCC won't care.

    Please explain? iiNet’s plans are fairly competitively priced, probably middle of the market right now, but they are usually leading the market in increased quotas, services etc. and then everyone else plays catchup.

    The only thing I want that Internode has is the newsgroup binaries, which basically saves me about $50 a year.
     
  9. caspian

    caspian Member

    Joined:
    Mar 11, 2002
    Messages:
    12,318
    Location:
    Melbourne
    as usual I see Simon can't differentiate between what's good for Simon and what's good for the consumer.

    Simon Hackett said "We believe the best interests of Internode’s customers, employees and shareholders are served by joining forces with a corporately and culturally aligned business such as iiNet," he said.

    bullshitTM. why can't he for once just say it - the decision puts a lot of money in his pocket and that's the end of it.
     
  10. IKT

    IKT Member

    Joined:
    Feb 4, 2007
    Messages:
    4,277
    why should I expect what you just said to be true?
     
  11. FiShy

    FiShy Member

    Joined:
    Aug 15, 2001
    Messages:
    9,682
    IInet and Optus are not the best of friends.
     
  12. bart5986

    bart5986 Member

    Joined:
    Jan 31, 2006
    Messages:
    5,291
    Location:
    Brisbane
    I bet long term its going to make some Internode customers unhappy.

    But its not like they had a choice as it looks like they were losing customers rapidly.
     
  13. itsmydamnation

    itsmydamnation Member

    Joined:
    Apr 30, 2003
    Messages:
    10,707
    Location:
    Canberra
    how did it look like that?

    so long as usenet stays i dont care...... otherwise i would prob look at 60mbit vdsl2 via ...... oh wait.........:lol:
     
  14. TRG.dOinK

    TRG.dOinK Member

    Joined:
    Jun 27, 2002
    Messages:
    4,715
    Location:
    Melb East
    Yea spot on, Westnet got bought out and now have the exact same plans/price as iiNet. Same shit with Netspace. I suspect Internode will then follow the same line/path...

    Yea more choice for the consumer, now we'll have 4 company's (iiNet, internode, westnet, netspace) with all the same plans and price.... bad for the consumer.
     
    Last edited: Dec 22, 2011
  15. itsmydamnation

    itsmydamnation Member

    Joined:
    Apr 30, 2003
    Messages:
    10,707
    Location:
    Canberra
    its likely an issue of capital for the NBN we are seeing the fruits of 120 POI's...............
     
  16. Mjollnir

    Mjollnir Member

    Joined:
    Apr 20, 2002
    Messages:
    6,313
    Location:
    Melbourne, VIC3104
    Dear Simon,

    Please dont let iinet fuck up internode's premium service quality. Kthx.
     
  17. cbb1935

    cbb1935 Guest

    I've been with iiNet for about 6 years (from memory).

    The speeds fluctuate a bit (between 4-5Mbit) but stability has been brilliant. Two outages in that time.

    Seems very low to me that Internode was only worth $150million. I thought it was much larger than that.

    Either way, iiNet now clearly #2 to only Telstra now!
     
  18. qwertylesh

    qwertylesh Member

    Joined:
    Aug 21, 2007
    Messages:
    9,102
    been on iinet for about a year. theyre not terrible, but they dont have the reliability (in my current area) that I had with pigpond cable.
     
  19. Nam Taf

    Nam Taf Member

    Joined:
    Dec 23, 2007
    Messages:
    105
    You don't do an M&A to simply leave the company alone. Node's plans will change and the premium service will erode (more) and it'll dissolve. Note for example that usenet has for some time now not been advertised as a feature of internode, so I hold no hope for that.

    Here's hoping that process takes a while and buys me enough time until I can jump to the more level playing field of the NBN.
     
  20. FiShy

    FiShy Member

    Joined:
    Aug 15, 2001
    Messages:
    9,682
    News just in old POTS network not has reliable as newer hybrid fiber coaxial network.
     

Share This Page

Advertisement: