iiNet to acquire Internode

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

  1. Zenskas

    Zenskas Member

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    TPG Telecom is the fourth largest Australian ISP and IT company.

    Compared with:

    iiNet Limited is Australia's second largest internet service provider with over 1.3 million customers as of 15th August 2011.

    Not that it matters to me, but just wondering how TPG is larger. Especially now that iiNet has node so take that into consideration as node wasn't just a tiny ISP.
     
  2. HumbleBum

    HumbleBum Member

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    Ah logic.. how I love it.. dont worry, even translated I still dont get it.. iinet, is larger.

    Company Name: TPG Telecom Limited
    Stock Code: TPM
    Website: www.tpg.com.au
    GICS Sub-Industry: Integrated Telecommunication Services
    Market Cap ($M): 1,072
    Equiv. Shares (M): 794

    Company Name: iiNET Limited
    Stock Code: IIN
    Website: www.iinet.net.au
    GICS Sub-Industry: Alternative Carriers
    Market Cap ($M): 424
    Equiv. Shares (M): 149

    TPG have a larger market cap however..
     
    Last edited: Dec 22, 2011
  3. Sankari

    Sankari Member

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    ^^ This. Internode was never a serious contender, but TPG is big enough to threaten iiNet and Optus while thumbing its nose at Telstra.

    TPG's no frills service is the cheapest in town, and with unlimited downloads on the table, who'd go back to quota caps?
     
  4. OldnBold

    OldnBold Member

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    Last edited: Dec 22, 2011
  5. timsarg

    timsarg Member

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    i don't give a shit , on iinet , have been for years , never had a problem, never spoken to an indian in the call centre as its always an aussie and the speeds i get with iinet are godly fast .
     
  6. lithos

    lithos Member

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    To be fair, few things done in the Australian telco industry are a win for the consumer.
     
  7. pererasi

    pererasi Member

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    agreed. (had a south african rep once but they were excellent)

    best experience customer service wise i've ever had with any company.

    11 year tenure to boot.

    love the growth of iinet!
     
  8. ni9ht_5ta1k3r

    ni9ht_5ta1k3r Member

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    would be good if iinet counted internode's steam servers as quota free!
     
  9. Linkin

    Linkin Member

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    Please for the love all that is holy, I hope iiNet leave us alone with our current plans. I cannot stand this peak and off peak bullcrap any more. :tired:
     
  10. rush

    rush Member

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    I wonder if this will have an impact on the fanboyism that internode seems to attract.

    I dont know what this acquisition will mean for australian internet, but if it manages to kill of the insane internode fanbois then I think it is all for the good.
     
  11. Linkin

    Linkin Member

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    Care to explain? I thought it's just been about "you get what you pay for"
     
  12. TehCamel

    TehCamel Member

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    you know that's not.. quite.. right.. don't you?

    Just because a company buys another company, it doesn't mean the purchased company ceases to be it's own entity?

    take BHP, for instance. It's got BHP Billiton PLC - this is the main holding company for instance.
    Then you've got BHP Coal, BHP Aluminium, BHP Petroleum, etc etc.

    Each one of those companies, is it's own, registered company.
    Sure, it might be held higher up the structure by another company, but it's still a registered company in it's own right.

    Lots of big businesses have many, many companies beneath them - it makes it easy for them to sell a particular part of the business - they just sell that company.
     
  13. FiShy

    FiShy Member

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    Huuuge difference in being a large ISP and being a big company.


    IInet is a larger ISP then Optus, but OptusNet is just a devision of a larger company and telstra is the same

    TGP is alot more like Telstra and Optus, then IInet as it own PIPe and so on.
     
  14. Smegenstein

    Smegenstein Member

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    I will be very madset if this causes my wonderful internode like service that I have grown accustomed to over many years to get all shitty!
     
  15. LostBenji

    LostBenji Member

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    From memory, TPG is owned by Soul networks (formally Comindico).



    Well, now Telstra has released 500GB (DL only measured) with free line rental and phone calls to anything and anywhere in the country, my days with Node are now numbered. Node was getting way overpriced and service I feel is about to take it in the arse......
     
  16. Mjollnir

    Mjollnir Member

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    Well if the acquisition will make NBN more feasible, then so be it!
     
  17. Nitephyre

    Nitephyre Member

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    Hmm, this should be interesting... :wired:

    Now iI wish iI had a NodePony :(
     
  18. HumbleBum

    HumbleBum Member

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    iiNet are listed on the stock exchange, he (BY LAW) could not have said anything.
     
  19. HunterBunter

    HunterBunter Member

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    There's the old adage: "Everyone has their price". It's possible that iiNet finally found his. 100% purchase would suggest more money was offered than he'd ever thought he'd earn from here until retirement with Internode.

    EDIT: Or he was under strict NDA, as Humble suggested.
     
  20. darth_wolf

    darth_wolf Member

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    i always just thought "I dont need a pony right now, im sure i will get one sent to me one day" and now :(
     

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