Business
Optus targets budget-conscious customers with $250m Amaysim buy – Sydney Morning Herald
Telco heavyweight is picking up ASX-listed virtual mobile operator Amaysim for $250 million and launching a digital-only brand dubbed Gomo.
“This is a strategic (move) for us, Amaysim is the largest (virtual telco) in the market…it’s a great brand that resonates very strongly in the market.”
“We see real value in the (Amaysim) brand, our plan is to keep it as a stand-alone brand.”
The deal, which is subject to shareholder approval, will mark the end of the road for Amaysim as a listed entity. After floating on the ASX in 2015, Amaysim absorbed a number of smaller telco brands including Vaya, Jeene and OVO into its fold. At one point…
-
Noosa News22 hours agoEdge Early Learning childcare chain failed twice to tell parents after kids harmed by educators
-
General20 hours agoStocks pause, while rate-cut drumbeat weighs on dollar
-
Business13 hours agoCommon mistakes to keep in mind to maximise your refund in FY26
-
General23 hours agoCourt hears Fosterville Gold Mine noise ‘torturing’ Axedale neighbours