Optus moves to compulsorily acquire Alphawest

26 October 2005, 9:00 am

Optus announced today it had received sufficient acceptances under its takeover offer for Alphawest to take its relevant interest to more than 90 per cent of Alphawest shares and has declared its offer free from conditions. Optus will be proceeding with the compulsory acquisition of the remaining Alphawest shares that are not accepted into the … Read more

Mobility and convergence driving IP network growth

26 October 2005, 9:00 am

Optus released today the fourth edition of the Optus IP Index – an annual survey of Internet Protocol (IP) networking in Australia. According to the latest Optus IP Index 2005, amongst businesses with an existing IP network: 37 per cent of businesses provide access to corporate networks via wireless or mobile connections; 47 per cent … Read more

Optus acquires over 75 per cent of Alphawest shares

24 October 2005, 9:00 am

Optus announced today that it had received sufficient acceptances under its takeover offer for Alphawest to take its relevant interest to more than 75 per cent of Alphawest shares. Based on the flow of acceptances, Optus hopes to move to compulsory acquisition shortly. An Optus spokesperson said, “All of the Alphawest Directors have now accepted … Read more

Victorian Government helps secure additional telco infrastructure from Optus

18 October 2005, 9:00 am

Following Optus’ recent announcement of its $150 million investment in a nation-wide roll-out of a DSL network, the Victorian Government has confirmed that some $40 million of this investment will occur in Victoria. Ms Marsha Thomson, Minister for Information Communications & Technology, said Optus’ substantial investment in Victoria was in addition to its involvement with … Read more

Optus gains ground with acquisition of Alphawest

13 October 2005, 9:00 am

Optus announced today it had received sufficient acceptances to take its relevant interest to more than 50 per cent of Alphawest shares. The flow of shareholder acceptance under the takeover bid had been steady and Optus hopes to move to compulsory acquisition shortly. “We are seeing acceptances of, on average, around one to two per … Read more