How acquisitions are driving change in the Australian telecoms’ market
The Australian telco space has witnessed much M&A activity in the last few years, with the likes of Comms Group, Aussie Broadband, Switched On Australia, Pennytel, Singtel-owned NCS Australia, and Telstra Purple all making market plays.
With the acquisitions set to continue, the local market can expect more changes to come. Although this list of providers covers both legacy players like Telstra and others including Amaysim and Vocus , there are some common drivers of this activity in the Australian market.
Australian telecoms eyeing economies of scale, convergence wave in local buys
Australia and its neighbour New Zealand are seeing this market upheaval in a similar vein as the rest of the world. The pressure on margins and the shift toward convergence are global trends, according to independent analyst Paul Budde. However, these trends are bringing local providers together rather than seeing overseas telcos buying in to Australia.
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