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 nation's third-largest Internet Service Provider has stopped accepting ADSL customers in regional areas in protest over claims of unrealistic pricing by Telstra.
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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