Full Spectrum: iiNode

Summary:You can't say no one saw it coming, but the announcement that iiNet would buy Internode was still a bit of a surprise.

You can't say no one saw it coming, but the announcement that iiNet would buy Internode was still a bit of a surprise.

Just a few days short of Christmas, it was announced that Internode founder Simon Hackett would sell his ISP to iiNet for $105 million. He's staying on at Internode, and also gets a 7.5 per cent stake in the new, bigger iiNet.

Hackett has said that the deal will see iiNet and Internode join forces in order to survive in a National Broadband Network (NBN) world, but not everyone is happy to see the two beloved ISPs team up.

Full Spectrum delivers you all the latest NBN news, and keeps you up to date with the hustle and bustle of the telco industry.

Topics: Telcos, TPG

About

Armed with a degree in Computer Science and a Masters in Journalism, Josh keeps a close eye on the telecommunications industry, the National Broadband Network, and all the goings on in government IT.

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