Rants, Raves, Reviews


ihug 'on the block'

By Gary R, in , posted: 20-Jul-2006 12:52

iiNet have put ihug up for sale. Apparently timing is good due the 'favourable regulatory environment' in NZ. In other words ihug is now worth more even though nothing has actually been delivered. Obviously it does raise a question around the $20M investment that ihug had committed to for locating DSLAMS in Telecom exchanges.

Interesting - will we see a consolidation in the ISP market?

Other related posts:
The Butler and Butler 5 Point Plan
National to invest in broadband
We Blew our cap again




Permalink to ihug 'on the block' | Add a comment (2 comments) | Main Index




Comment by freitasm, on 20-Jul-2006 14:26

Would Vodafone purchase IHUG? Or Orcon, who already showed interest in a press release issued today. The main thing is, now that LLU, the miracle all these guys wanted, is here, they will not take advantage of it to deliver to clients. Oh, yes they are taking advantage, trumpeting it to increase the sell price.


Comment by sbiddle, on 20-Jul-2006 16:02

What are the Wood boys up to these days? Maybe they could pick the business up in a firesale and start again.. Or maybe the rich & famous lifestyle is just too good to lose! :-)


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Gary R
Wellington
New Zealand


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