RSLCOM Australia inactive
Australian arm of RSL Communications (RSL COM Australia Pty Ltd, from Oct 1996); fixed-line SME telco; acquired by Commander Communications in Mar 2003 ($59.9m). Distinct from RSL COM New Zealand (ACN 074 627 642).
Name history
| Name | From | To |
|---|---|---|
| RSLCOM Australia | Oct 1996 | Mar 2003 |
Lifecycle
| Kind | Date | Details | Refs |
|---|---|---|---|
| birth | Oct 1996 | Australian startup of RSL Communications Ltd: RSL Asia established RSL COM Australia Pty Limited in Oct 1996 (SEC filing). Servicing from Apr 1997; planned $400m ASX float (~2000) aborted after global parent bankruptcy 2001. | official |
| death | Mar 2003 | Acquired by Commander Communications, announced 25 Mar 2003, $59.9m cash (some reports $72m incl. liabilities/earn-outs). | news news |
Transitions
| Direction | Type | Other party | Arm / notes | Year | Refs |
|---|---|---|---|---|---|
| incoming | acquisition | New Tel | New Tel customer base to RSL COM late 2002 (administration 10 Dec 2002, PWC; liquidation Feb-Mar 2003. New Tel in administration 10 Dec 2002. fixed-line customer base to RSL COM. | early Mar 2003 | official news news news |
| outgoing | acquisition | Commander | Commander Communications acquired RSL COM Australia, announced 25 Mar 2003 ($59.9m cash. | Mar 2003 | official |