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M2 makes rival bid for iiNet

Published Monday 27 Apr 2015 | 11:20 CET
Australian telecommunications services group M2 confirmed it has submitted to Australian ISP iiNet an indicative, non-binding and confidential proposal to acquire 100 percent of iiNet. Under M2's proposal, iiNet shareholders would receive 0.803 M2 shares per iiNet share, plus AUD 0.75 cash per iiNet share by way of a special dividend paid to iiNet shareholders. This beats an earlier offer from ...

M2 makes rival bid for iiNet

Published Monday 27 Apr 2015 | 11:20 CET Australian telecommunications services group M2 confirmed it has submitted to Australian ISP iiNet an indicative, non-binding and confidential proposal to acquire 100 percent of iiNet. Under M2's proposal, iiNet shareholders would receive 0.803 M2 shares per iiNet share, plus AUD 0.75 cash per iiNet share by way of a special dividend paid to iiNet shareholders. This beats an earlier offer from ...

Top Stories

Vodafone Germany launches LTE-A services

Published 27 Apr 2015 10:31 CET | Germany
Vodafone Germany has introduced LTE Cat-6 services in parts of Berlin, Hamburg, Dresden, Munich and Hannover, offering customers ...

Nokia denies return to consumer smartphones

Published 27 Apr 2015 10:23 CET | World
Nokia has denied recent news reports claiming that it communicated an intention to manufacture consumer handsets out of a R&D ...

Charter preparing bid for Time Warner Cable - report

Published 27 Apr 2015 09:29 CET | United States
Charter Communications could soon make a bid for Time Warner Cable (TWC) following its failure to merge with Comcast, the Wall ...

Telenor's Thor 7 satellite launches successfully

Published 27 Apr 2015 09:15 CET | World
Telenor Satellite Broadcasting has announced the successful launch of its new satellite, Thor 7, on 26 April from the Guiana ...

Google commits USD 1 mln for Nepal, mourns executive

Published 27 Apr 2015 09:12 CET | World
Google's Dan Fredinburg has died in an avalanche which was triggered by the earthquake that hit Nepal last week, TechCrunch ...
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