iiNet was today dragged into the federal court as major film studios filed a case against the ISP for allegedly letting its users download pirated movies and television series.
Several of the nation's largest broadband sellers today said they had no intention of imitating competitor iiNet and suspending the sale of services to new customers in regional markets, although Telstra's wholesale pricing remains a worry.
Telco iiNet's finances have taken a hammering as the company announced its earnings before interest, tax, depreciation and amortisation (EBITDA) to the year ending 30 June would be 39 percent lower than previously expected.
Amcom Telecommunications has flagged plans to soon make a major announcement, following reports Telecom New Zealand approached the company for a possible aquisition.
Will iiNet be able to continue its strategy of leveraging technological leadership now that its financial dirty laundry has been so publicly aired?
The inference that Soul, AAPT and TransACT were Dead Telcos Walking long before their withdrawals were announced makes me wonder whether Terria has always been, God help us all, just as flimsy a proposition as Telstra has made it out to be.
iiNet and Telstra seem to be at loggerheads but the real culprit, according to the telco giant, is the Australian Competition and Consumer Commission.
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