The president of the Australia's Takeovers Panel has told publicly-listed data infrastructure and network services provider 5G Networks that it has must not process any acceptances it gets from Friday onwards in connection with its bidder's statement for the Webcentral Group.
Publicly-listed data infrastructure and network services provider 5G Networks will become the new owner of the Webcentral Group, after outbidding the Florida-based Web.com which had made an offer of $12.2 million, and having its counter offer cleared to proceed.
The Webcentral Group, the firm once known as Melbourne IT and later as the Arq Group, has entered into a deal for its Web hosting assets to be acquired by the Florida-based Web.com for a sum of $12.2 million.
How interesting, someone finally got the message through to the top, that it was a very very bad idea to[…]
Out with the old, in with the newPerfect
Nice to see the open admission that NBN is intent on continuing to overcharge as part of its continuing incompetence.
An update has just been published: https://itwire.com/telecoms...
Boost is the only MVNO will FULL access to the Telstra network. Other MVNOs (mobile virtual network operators) only have[…]