Australia's third-largest internet service provider iiNet today said it had signed up more than 30,000 local customers to its naked DSL service and more than 80,000 to its internet telephony offering.
Local telco Amcom Telecommunications has moved to shore up its future by buying back some of the 50 per cent stake its partial parent Futuris had been looking to sell.
ASX-listed ISP iiNet is to buy fellow West Australian service provider Westnet for AU$81 million in cash.
iiNet is showing some promising signs of recovery, but its imminent future is fraught with challenges.
iiNet Limited said it had entered into a conditional agreement to acquire the Internet service business operated by Virtual Communities Limited, a Melbourne-based retailer of bundled home computer and Internet services packages.
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