iiNet buys Adam Internet

ISP iiNet will acquire Adam Internet in a deal worth $60-million reported to the Australian Securities Exchange this morning.

The deal will deliver 70,000 Adam Internet subscribers to iiNet, plus Adam Internet infrastructure including a data centre and DSLAMs.

After adding in the Adam Internet customer base, the total number of iiNet subscribers exceeds 900,000. The majority of Adam's customers are in South Australia (where the ISP is based) and the Northern Territory.

The deal has been approved by the ACCC and will go ahead after certain procedural conditions have been met. This is expected to occur by August 31.

Adam Internet joins a long list of small Australian ISP to have been acquired by iiNet, including prominent industry names like Internode and OzEmail.

Joseph Hanlon

Editorial Director | X | LinkedIn

Joe Hanlon has been immersed in mobile phones, plans and the internet for over a decade, having written for publications like CNET, Techradar, Gizmodo and Lifehacker. He steers the editorial ship and makes sure that we are always serving up the most useful guides and recommendations. If you ever bump into Joe on the street, don't be afraid to ask for a phone recommendation. It's embarrassing how much he enjoys talking about this stuff. He also loves listening to podcasts, so feel free to email Joe with recommendations.

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