Business
Optus Hopes to Buy Amaysim For a Casual $250 Million [Updated] – Gizmodo Australia
Telco giant Optus is looking to buy MVNO amaysim for $250 million in 2021. This will see the customer acquired its customers and shares.
Baby telco Amaysim looks like it will be selling its business to Optus for a cool $250 million.
Optus made the announcement on Monday, saying that it was looking to purchase the Mobile Virtual Network Operator (MVNO). At the present time Amaysim is powered by the Optus network in Australia.
At the time of writing Amaysim is the fourth largest mobile provider in Australia and has a customer base of 1.19 million. Once Optus makes the purchase it will also take over the company’s shares.
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