Teoh works his magic quietly

Original article by Anne Hyland
The Australian Financial Review – Page: 17 : 22-Sep-15

Australian-listed TPG Telecom is tipped to post 2014-15 earnings of around $A250m, compared with $A192m previously. TPG was founded by David Teoh and his wife Vicky, who hold a 37 per cent stake in the telco and ISP which started out as a single computer hardware store in Sydney and now boasts a market capitalisation of $A8.3bn. TPG has grown via mergers acquisitions in recent years, including SP Telemedia, Pipe Networks, AAPT and iiNet. However, Teoh maintains a low public profile and places much value on his privacy.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, SP TELEMEDIA LIMITED, PIPE NETWORKS LIMITED, AAPT LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, WASHINGTON H SOUL PATTINSON AND COMPANY LIMITED – ASX SOL, WIN CORPORATION PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

NBN’s secret strategy to bypass telcos

Original article by David Ramli
The Australian Financial Review – Page: 6 : 26-Aug-15

NBN Co would like to use retailers to sell internet access. The company is considering selling a wholesale service to new entrants such as Woolworths, Australia Post or Vodafone Australia which would resell NBN services under their own brands. Smaller internet service providers could be disadvantaged if the proposal to that effect is indeed implemented.

CORPORATES
NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, AUSTRALIA POST, VODAFONE AUSTRALIA LIMITED, M2 GROUP LIMITED – ASX MTU, DODO AUSTRALIA PTY LTD, IPRIMUS

Ashley Madison hack shows deception thrives online

Original article by Peter Moon
The Australian Financial Review – Page: 26 : 25-Aug-15

It is not known how often corporate computer files are hacked because of the absence of a mandatory data breach reporting regime. The hacking of the Ashley Madison database was well publicised, but others may fly under the radar because governments rarely acknowledge them let alone investigate. The hacking of the Ashley Madison infidelity site, operated from Cyprus, also highlighted the dangers of handing over personal information and credit card details to organisations with doubtful reputations.

CORPORATES
PRAECELLENS LIMITED, COOPER MILLS LAWYERS

iiNet must reveal downloaders’ IDs

Original article by Marianna Papadakis, David Ramli, Max Mason
The Australian Financial Review – Page: 3 : 8-Apr-15

The Federal Court of Australia has upheld a bid to obtain the identities of people who allegedly downloaded illegal copies of a US film. Dallas Buyers Club LLC took legal action against several ISP to obtain the names and residential addresses of Australians associated with more than 4,700 IP addresses that were used to download "Dallas Buyers Club". The ruling affects iiNet, Dodo, Adam Internet, Amnet and Internode

CORPORATES
FEDERAL COURT OF AUSTRALIA, IINET LIMITED – ASX IIN, DODO INTERNET PTY LTD, ADAM INTERNET PTY LTD, AMNET LIMITED, INTERNODE SYSTEMS PTY LTD, M2 GROUP LIMITED – ASX MTU, DALLAS BUYERS CLUB LLC, VOLTAGE PICTURES LLC, COMMUNICATIONS ALLIANCE LIMITED, HIGH COURT OF AUSTRALIA

TPG’s Teoh pledges to keep best of iiNet

Original article by David Ramli
The Australian Financial Review – Page: 17 & 22 : 25-Mar-15

TPG Telecom has posted a 2014-15 interim net profit of $A106.7m, which is 18 per cent higher than previously. Meanwhile, executive chairman David Teoh says the group’s $A1.4bn takeover offer for iiNet is "compelling". He has responded to criticism from some iiNet shareholders by stressing that the target’s customer service will not be affected if the bid succeeds. He also says it is too early to know the extent of any job cuts at iiNet

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, TELSTRA CORPORATION LIMITED – ASX TLS

iiNet founder tries to kill $1.4b TPG bid

Original article by David Ramli
The Australian Financial Review – Page: 1 & 8 : 24-Mar-15

Investors who hold about 14 per cent of iiNet’s shares believe that the $A1.4bn takeover offer from TPG Telecom undervalues the group. The dissenters include iiNet founder Michael Malone, who holds about 2.5 per cent of the telco’s shares. He has criticised iiNet chairman Michael Smith for failing to consult with shareholders until 10 days after the bid was made, and says the majority of iiNet’s board should be ousted in favour technology entrepreneurs

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT

iiNet chairman to meet irate investors

Original article by Jemima Whyte, David Ramli
The Australian Financial Review – Page: 15 : 23-Mar-15

A number of iiNet shareholders have expressed concern that TPG Telecom’s $A1.4bn takeover offer undervalues the group. Australian-listed iiNet will hold meetings with shareholders in the next week, while chairman Michael Smith will discuss the proposed merger with investors on 23 March 2015. However, some investors – particularly those who hold shares in both groups – are in favour of the deal

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, M2 GROUP LIMITED – ASX MTU, SINGTEL OPTUS PTY LTD, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, AZURE CAPITAL PARTNERS LP

Major iiNet shareholder labels TPG bid price ‘absurd’

Original article by David Ramli, Jemima Whyte
The Australian Financial Review – Page: 13 & 18 : 20-Mar-15

BT Investment Management’s Paul Hannan says the fund manager is disappointed that iiNet directors have not contacted major shareholders regarding TPG Telecom’s takeover offer. Hannan adds that the current offer gives iiNet shareholders little benefit from synergies arising from a merger. Andrew Abercrombie, who holds 500,000 shares in iiNet, has also criticised the telco’s lack of communication with investors in recent months

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, NBN CO LIMITED, INTERNODE SYSTEMS PTY LTD, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, AZURE CAPITAL PARTNERS LP, SINGTEL OPTUS PTY LTD

TPG cutting customer service could derail iiNet purchase

Original article by David Ramli
The Australian Financial Review – Page: 23 : 17-Mar-15

TPG Telecom’s proposed acquisition of iiNet for $A1.4 billion has triggered a rise in the share prices of both companies. Shareholders may be optimistic, but iiNet customers have expressed reservations about the merger’s impact on the ISP’s high level of customer service. TPG in contrast specialises in the provision of low-cost internet access

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BDO GROUP PTY LTD, CITI PTY LTD

Back to realty: News Corp rules property search in Melbourne – but will Sydney be Fairfax’s domain?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Mar-15

A Roy Morgan Single Source survey has found that 819,000 property-hunters in Melbourne visited Realestate.com.au via website or app and/or read the Herald Sun’s weekday or weekend real estate section in an average week during the year to December 2014. This is seven per cent higher than in 2013. Domain’s total audience, comprising both digital visitors and readers of the print sections of The Age, rose by four per cent to 486,000 in 2014. In Sydney, Domain’s total digital and Sydney Morning Herald print reach rose by 10 per cent in 2014, to 675,000 in an average week. The number of people accessing Realestate.com.au and/or the Daily Telegraph’s real estate section in an average week was virtually unchanged at 683,000

CORPORATES
ROY MORGAN RESEARCH LIMITED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, REALESTATE.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU