print :


eigth story

Vodafone next takeover target?

The proposed takeover of Internet service provider iiNet by rival TPG has led to speculation about TPG’s further ambitions in the market. 

The takeover will create a company that would be a new number two in the wireline broadband market. But without a presence in the wireless space, particularly in mobiles, the company’s future expansion opportunities will be limited.

 That is why some industry insiders are tipping a TPG bid for Vodafone, the number three mobiles player in Australia and a company which has struggled to maintain a secure foothold in the market almost from the time it began operations here back in 1992.

Vodafone’s share of mobile subscribers has hovered around 20% for several years and there has long been speculation about whether it had a future in Australia.  And according to iiNet founder, Michael Malone, it is not too big a fish for TPG to swallow.

 “I’ve seen some commentators suggest it’s worth about a $1 billion plus the assumption of [its] debt,” Malone recently told an industry conference. 

“That’s something TPG could manage, and [TPG CEO] David Teoh is brave enough to actually attempt something like that.”

What's New


Telstra's Pay Offer
Telstra EBA 2018
ACTU turns 90
May Day 2016
Optus EPA approved
Telstra EA Update
Optus award update


Reps training
Reasonable overtime
Vale Jojie Vivar
Changes to Bulletin
Christmas pay rises
Postal reform
Facebook bullying
Year in review
Vale Jim Armstrong


Happy New Year
Happy New Year
Vale Shane Morse
Meeting reminder
Coronavirus Update
Reps training
ACTU turns 90
Vale Jojie Vivar
May Day 2016
Facebook bullying
May Day 2015
Working In Heat
Your Union Petition
Save our Posties
Sensis Sell Off