Looks like fixed line broadband is too hard for Amaysin, they are selling their customer base to Southern Phones (owned by local councils) for $3m. Amaysim will recognise and impairment of 7m.
The last 12 months have shown that retail margins cant be pushed any lower, and i expect that will be recognised in any future pricing changes from NBNCo.
Looks like fixed line broadband is too hard for Amaysin, they...
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