Telstra acquires Boost Mobile in $140m deal

Telstra acquires Boost Mobile in $140m deal

Investor sources told this column that Boost Mobile’s acquisition price was just under $140 million, which did not include a meaningful deferred payment.

Telstra acquires Boost in a deal rumored to be worth 140 million

It was announced yesterday morning that Telstra has acquired Boost Mobile. While the deal means that co-founder, Peter Adderton will exit the Australian market; his focus on Mobile X in the US may pay off here. Adderton said: “This acquisition of Boost is the natural evolution of the brand, and I am excited to see […] The post Telstra acquires Boost in a deal rumored to be worth 140 million appeared first on Ausdroid.

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Telstra acquires MVNO Boost for $91M

Australian operator Telstra acquired prepaid MVNO Boost Mobile for about AUD140 million ($91 million), more than doubling the market leader’s prepaid subscriber base, Sky News reported. Boost Mobile chair Peter Adderton reportedly stated the change of ownership would not impact customers. He said the deal is “the natural evolution of the brand”. Boost Mobile has used Telstra’s mobile network for more than ten years: it reported 7.3 million subsc…

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Telstra buys Boost Mobile: What will this mean for you - Alex Reviews Tech

Big telco/MVNO moves at the end of the year, as Telstra’s buying out youth-focused brand Boost Mobile. Here’s my early thoughts in video form. The post Telstra buys Boost Mobile: What will this mean for you appeared first on Alex Reviews Tech.