Optus agreed to buy amaysim, the country's biggest virtual network operator, for $250 million. amaysim has about 1.19 million customers.
The acquisition will be finalised on 1 February, amaysim said in a statement on Friday.
amaysim chief executive, managing director and founder, Peter O’Connell said: “We are very pleased that shareholders have voted in favour of the sale of amaysim’s mobile business to our long-term strategic wholesale partner, Optus.
next chapter for the business.
“I am looking forward to seeing amaysim provide more value and crazy customer love, just as we have throughout our whole relationship with customers.”
amaysim will continue to operate as a standalone brand after the acquisition.