PowerTel inactive
PowerTel Limited (ASX: PWT) — Australia's second-largest fixed broadband and inter-city fibre carrier; built the ~2500km Melbourne-to-Brisbane backbone; acquired Request Broadband (2004) and NTT Australia (2004); absorbed into AAPT (Telecom NZ) May 2007 (POWERTEL LIMITED, ACN 001 760 103).
Name history
| Name | From | To |
|---|---|---|
| PowerTel | c. 1999 |
Lifecycle
| Kind | Date | Details | Refs |
|---|---|---|---|
| birth | c. 1999 approx | Carrier formed late 1990s; ASX-listed Feb 2001. | |
| death | May 2007 | Acquired by Telecom NZ (A$357m incl. debt, $2.30/share) for the AAPT group; PowerTel name retired. |
Transitions
| Direction | Type | Other party | Arm / notes | Year | Refs |
|---|---|---|---|---|---|
| incoming | acquisition | Request Broadband | 100% PowerTel acquired Request Broadband. |
2004 | news |
| outgoing | acquisition | AAPT | 100% PowerTel absorbed into AAPT (Telecom NZ, A$357m incl. debt. |
May 2007 | official |