iiNEt snaps up Froggy

iiNEt snaps up Froggy

IINET has entered into a contract with the receiver of FlowCom and Flow Communications to buy the FlowCom ISP business which comprises primarily of Froggy Internet and and Flow ADSL customer bases.

The company will pay $6.3 million for the acquistion.

According to FlowCom and Flow Communications receivers and liquidators Pricewaterhouse-Coopers, iiNet will offer continuing employment to the majority of staff working in the Flow ISP business.

The Flow business generates annualised revenues of about $12.5 million.

With its acquisition iiNet’s total number of customers in Australia and New Zealand is now about 350,000.

Add your comment

BNIQ sponsored byECU School of Business and Law


6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
47 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer