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| Thread ID: 73160 | 2006-10-09 06:35:00 | Vodafone buys Ihug | Audent (8028) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 490262 | 2006-10-09 06:35:00 | Not much info at this time but it's $41million and gives Vod a huge boost in the home market when its homeline/cellphone service rolls out. computerworld.co.nz :badpc: Do we like it? Cheers, Paul |
Audent (8028) | ||
| 490263 | 2006-10-09 07:02:00 | I always wanted vodafone to buy it They have the potential to compete with telecom |
Ninjabear (2948) | ||
| 490264 | 2006-10-09 09:16:00 | You might want to read the business news again audent vodafone has bought ihug for $141 million not $41million as you stated. | Hitech (9024) | ||
| 490265 | 2006-10-09 09:25:00 | Quick Hitech, you may have time to take that back :-) | PaulD (232) | ||
| 490266 | 2006-10-09 09:33:00 | Dont need to take it back read this. Vodafone to buy ihug NZ 9/10/2006 21:04:03 Vodafone has announced it is buying ihug New Zealand from iiNet for $141 million. Vodafone CEO Russell Stanners says the deal is an important step in the evolution of Vodafone's business in New Zealand, because of ihug's strength in fixed-line broadband. He says ihug will operate as a stand-alone company. Ihug CEO Mark Rushworth is equally thrilled, and says a strong parent company like Vodafone is just what his company needs at this stage of its growth. |
Hitech (9024) | ||
| 490267 | 2006-10-09 09:41:00 | Vodafone has announced it is buying ihug New Zealand from iiNet for $141 million. Source? |
roddy_boy (4115) | ||
| 490268 | 2006-10-09 10:31:00 | On the TVNZ site it says $141m tvnz.co.nz On the newstalkzb site it is $41m www.newstalkzb.co.nz I think it's a typo on TVNZ's part. |
wmoore (6009) | ||
| 490269 | 2006-10-09 11:15:00 | No, $141 million is right, as shown at home.nzcity.co.nz , and they quote newstalkZB.So the newstalkZB website must be wrong. iinet must be laughing all the way to the bank, now they don't have to invest in NZs broadband infrastructure like they promised they would if Telecom were forced to unbundle. I wonder how commited vodafone will be in investing. |
rogerp (6864) | ||
| 490270 | 2006-10-09 17:16:00 | Says $41M here (www.asx.com.au) as well. Either way - clever move by Vodafone. Vodafone are renowned for investment and innovation - Ihug lately have been renowned for moaning and crying to the govt. I smell a duopoloy long term - does this create real competition? I feel sorry for Annette. I predict she will offer her bread to Vodafone later down the track. |
sam m (517) | ||
| 490271 | 2006-10-09 17:25:00 | Vodafone pays premium in ihug deal Tuesday October 10, 2006 By Jenny Keown Vodafone has bought New Zealand phone and internet company ihug for $41 million - giving it entry into the internet and toll calling markets . Vodafone chief executive Russell Stanners said yesterday that the deal strengthened the UK company's position in the market, with customers benefiting from the combined strength of both firms . "It's a perfect fit . Right now, we are the leaders in mobile, however we only have 20 per cent share of the telecommunications market," said Stanners . Who dreamed up the other $100,000,000 ? |
JJJJJ (528) | ||
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