Amcom Telecommunications has put itself into a trading halt on the Australian Stock Exchange pending an announcement to be made on a proposed transaction.
Telstra's legal challenge to the prices set by the Australian competition watchdog of access to its copper network was last Friday rejected in the Federal Court.
Despite a recent upbeat profit guidance, Western Australian ISP iiNet last week let go of a number of staff; but it won't divulge numbers.
Exetel CEO John Linton said today that iiNet brought the federal court action upon itself by not forwarding Australian Federation Against Copyright Theft (AFACT) complaints to its customers.
Australian telcos are plowing on with their original strategies despite their share prices following the market down to numbers some might consider to be a right bargain.
Australia's IT services market has come through its relatively mild financial crisis relatively unscathed, and certainly in much better shape than it could have ever anticipated.
The obvious candidates for consolidation in Australia's telecommunications sector are the 170 internet service providers that are scratching to make a living, but others include Dodo, M8 Telecom, Macquarie Telecom and Eftel.
If Pacnet's offer for AAPT is genuine and on the terms laid out in the Reuters story, then Telecom New Zealand chief executive Paul Reynolds ought to agree to the offer as quickly as he can.
Since last November when iiNet very loudly launched its naked DSL product, "naked" has been on everybody's lips, and it seemed like everybody was in on it. Some, however have held out. This round-up of 13 ISPs looks into who's got it, who doesn't and who wants to.
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