
Aussie Broadband signed an agreement to acquire energy provider AGL’s telco business, adding approximately 218,000 NBN services to its customer base. The acquisition includes NBN, mobile, and voice customers from both AGL itself, as well as Southern Phone, which AGL acquired back in 2019.
AGL will continue to promote telco products under its brand, but Aussie Broadband will supply the services and customer experience. As part of the agreement, AGL will still offer bundles that combine both telco and energy. While AGL will continue to market telco products via its existing channels, it is not yet clear what Aussie Broadband’s acquisition will mean for Southern Phone.
WhistleOut has reached out to Aussie Broadband to clarify if it will continue to operate Southern Phone as a standalone brand.
AGL telco customers are expected to be migrated to Aussie Broadband in the second half of the year.
Aussie Broadband’s acquisition of AGL’s telco business follows a deal it made with Tangerine and More last year, which will see customers of the sibling providers move onto Aussie Broadband wholesale network. As part of the deal, Aussie Broadband is selling its budget brand Buddy to Tangerine. This deal is set to complete in the first half of this year.
When the AGL and Tangerine deals are complete, Aussie Broadband CEO Brian Maher says the company will become the third-largest NBN provider.
"We are delighted to have secured this strategically significant transaction with AGL which will see Aussie Broadband further cement its position as a leading provider of fast and reliable NBN services in Australia," said Maher in an ASX release.
"To be chosen by one of the largest and most trusted energy providers in Australia as their partner in connectivity is a further testament to the outstanding quality and reliability of our network and the service we provide to our partners and customers."
Did you like this article? Good! Why not make us a preferred source in Google? Click below, tick the box, and WhistleOut stories will show up more often when you search for related content.
These are the most popular NBN 50 plans with WhistleOut users this week:
Alex Choros
Related Articles
Internet Plans by State
- Internet Plans in ACT
- Internet Plans in NSW
- Internet Plans in NT
- Internet Plans in QLD
- Internet Plans in SA
- Internet Plans in TAS
- Internet Plans in VIC
- Internet Plans in WA