Telstra launches $300 million bid for OzEmail

According to officials, Telstra is proposing to retain OzEmail as a stand-alone business and wholly owned subsidiary. It will have its own Board and the OzEmail brand, operations and network will be operated with its management. OzEmail has around 300,000 residental customers.

OzEmail's parent company UUNet will continue to provide network services including Internet access, connectivity, backbone services, and other services to OzEmail customers under a five-year agreement as part of the proposed purchase, officials said.

No further details regarding the deal are available from Telstra.

Michael Ward spokesperson for UUNet, OzEmail's parent company said "No comment. No comment. No comment."

Speculation surrounding Uunet's sale of OzEmail was mounting towards the end of the last year with Eisa and News Ltd both rumoured to be interested in acquiring the ISP.

Judy O'Sullivan spokesperson from EISA said: "We don't know anything. No comment."

UUNet parent company MCI WorldCom acquired the entire OzEmail business for $520 million in December 1998.

The deal is subject to further negotiation, due diligence, Board approval by Telstra and UUNet and approval by the Australian Competition and Consumer Commission.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Luisa Bustos

PC World
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?