in brief Australian telco Clever Communications has made a bid to buy fellow wireless provider BigAir.
Clever owns and operations a wireless
network across Melbourne, Sydney, Brisbane and Adelaide, while
BigAir's network runs over Sydney, Melbourne and Brisbane. Both use fixed, rather than mobile wireless technologies.
The offer values each BigAir share at 5.24 cents, according to
the offer documents, with Clever proposing a one for one scrip offer to buy 100 per cent of BigAir.
The news comes after BigAir had said it was interested in
picking up iBurst, the wireless operator partially owned by
Commander Communications, which recently