I'm torn on this. I've profitably bought and sold BGL a few...

I'm torn on this. I've profitably bought and sold BGL a few times over the past few years, but the last time I sold it was out of frustration that they hadn't really grown underlying earnings for a while, and as a few commentators on the BGL sub pointed out, evidence of achieving synergies from their numerous acquisitions was thin on the ground....

That said though, they are profit generating and have a broad cross section of Aus customers (I particularly like their university dorm model). Without any disrespect to the BGL management I think Bevan will provide a shot in the arm, and combined with the SLC fibre footprints might provide a genuine consumer alternative to nbn based services.

One thing to keep in mind though is that nbn and the Aus Gov haven't been overly positive about nbn alternatives (such as TPG FTTB)...

Anyway, will watch this with interest!