iiNet to merge with ihug

News General Australia 16 SEP 2003
iiNet to merge with ihug
ISPs iiNet and New Zealand-based ISP, ihug, are to merge in a deal valued at AUD 72 million (USD 47.9 million). iiNet said on Tuesday that one trans-Tasman Internet and communications company will be formed with 300,000 customers. iiNet will be the fifth-largest ISP in Australia and ihug the third biggest in New Zealand. iiNet managing director Michael Malone said iiNet and ihug share very similar backgrounds and business objectives and both companies have a strong focus on providing a high standard of cu

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