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The steady rise of iiNet on the ISP domination front over the two decades has been a triumph for the notion of tech start up longevity. TPG Telecom has made an AUD$8.60 per share bid for iiNet, valuing the company at $1.4 billion. Significantly, iiNet’s humble beginnings out of founder Michael Malone’s garage is also a testament to the evolution of the broadband sector.
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The Asia Pacific’s growing silver economy is expected to be worth US$3 trillion by the year 2017. According to the Asia Pacific Silver Economy Business Opportunities Report, a bi-annual publication, the Asia Pacific’s booming silver economy will be driven by the spending power of 1.2 billion ageing baby boomers by 2050. Australia, with its changing demographic patterns ranks second after Hong Kong, across Asia-Pacific countries in terms of silver industry market potential. Singapore, Japan and South Korea followed as the index’s top 5.
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The Australian media industry is going through a massive digital overhaul yet TV content and the TV screen will remain central to the media experience for some time yet, according to the latest report from Deloitte.
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The uptake of digital radio in Australia is experiencing growth from non-traditional listening posts, such as the corporate, transport and retail sectors.
