From press release dated 15 Feb 2005. Here is an explanation about the sale of the satellite internet service customers to Bordernet.
15 February, 2005 – iiNet announced that it had completed an agreement for
the sale of its satellite business in Australia and New Zealand to
Bordernet, a rural Australian ISP that specialises in satellite Internet access.
Operating under the ihug brand, iiNet’s satellite business consists of approximately 3,000 customers in the rural area of the New South Wales and Victorian border, and in New Zealand. iiNet took ownership of the satellite business when it acquired ihug, a New Zealand-based ISP in Oct 2003.
Satellite Internet is a viable alternative for customers in remote areas who cannot receive broadband or other DSL Internet services, with customers receiving much faster speeds than dial up Internet.
“iiNet’s forté is broadband, dial up and phone services, while Bordernet is an established and successful satellite ISP,” said Michael Malone, Managing Director, iiNet. “Our decision to spin off the satellite business to a provider with the required expertise will ensure customers receive the products and service they need, and enable us to focus on our core competencies.” The transition of wholesale and retail satellite customers from ihug to Bordernet will occur in a planned, phased and seamless approach. Bordernet will contact customers with full details over the coming weeks.
For more information on Bordernet and iiNet, please visit: http://www.bordernet.com.au/ and http://www.iinet.net.au/
iiNet is one of Australia’s Internet service pioneers, having begun in
Western Australia in 1993. As of December 31, 2004, iiNet was the fourth largest
ISP in
Australia, with approximately 400,000 customers across Australia and New
Zealand, and Australia’s second largest provider of broadband services. iiNet
has built a reputation for providing innovative, quality and value Internet
products, and friendly 24-hour customer service and support. For more
information on iiNet, please visit
http://www.iinet.net.au/
or call 131917.
Contact: Michael Malone, iiNet Limited, Ph: (08) 9214 2207
mmalone@iinet.net.au
iiNet Limited A.C.N. 068 628 937, Tel +61 8 9214 2222 Fax + 61 8 9214 2211.
► Page created 17 Aug 2005 Eric Johnston Back to: Satellite internet services in Australia and New Zealand