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iiNet was founded in 1993 by Michael Malone and Michael O'Reilly, who started the business in a suburban garage in Perth as iiNet Technologies. It began as one of the first Australian ISPs to offer TCP/IP Internet access [citation needed], as opposed to the store-and-forward techniques (such as MHSnet) that were then in use at other ISPs.
On 29 March 2010, an agreement was entered into which Netspace would be acquired by the larger ASX-listed ISP, iiNet, for AU$40 million. [1] The company later retired Netspace as a brand. Netspace's official website redirects to the webpage of iiNet, [ 3 ] but Netspace email addresses continue to be supported.
In 1995, OzEmail established a New Zealand offshoot, Voyager Internet, and was one of the first Internet providers in the country to go nationwide. [3] Following the WorldCom scandal and its subsequent pulling out of consumer Internet services, [4] [5] [6] by 2002 its customer base had been largely acquired by Telecom New Zealand's Xtra.
TPG Telecom is the parent company of several Australian internet retail brands including Vodafone, TPG, iiNet, AAPT, Internode, Lebara and felix. TPG Telecom owns and operates nationwide fixed and mobile network infrastructure, including Australia's second-largest fixed voice and data network, with more than 27,000 kilometres of metropolitan ...
Internode email addresses are moving to The Messaging Company in 2023 and will be at a yet to be determined cost to the end user. [ 9 ] Internode has supported many local events, such as the Adelaide Film Festival , WOMADelaide , the Adelaide Fringe (for at least 10 years until 2014 [ 10 ] ) and the Global Green hosting Challenge.
ihug originally stood for Internet Home Users Group, even though the name was seldom used. It was also known as The Internet Group or 'TIG' in Australia. ihug was sold to iiNet in 2003 before being sold to Vodafone in 2006 after interest from then Television New Zealand subsidiary THL and competitor Orcon.
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On 13 March 2015, TPG advised of its intent to take over Australia's third Largest ISP iiNet at A$8.60 per share, giving a value of $1.4 billion. [17] TPG offered $8.60 per iiNet share, on top of the entitlement to the already-declared 10.5-cent interim dividend, valuing iiNet at about 21 times its underlying net profit for 2014.