Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
He added "It is getting close to crunch time [with bids due on November 26] and there is obviously a formal process to go through to crystallise things."
However, according to Egan, TransACT had been a shareholder in the incorporated company, Terria and held a seat on its board. He suggested that Slavich might have been referring to a separate kind of involvement.
Certainly the three recent defections from Terria in short order would suggest that, as the bid deadline looms. Terria members are being asked to make a formal commited above and beyond holding shares and board seats in Terria Pty Limited a company with a total share capital of just $8.00.
Company information obtained by iTWire from ASIC on 27 October listed Terria's directors as being: Ravi Bhatia (CEO of Primus); David Tudehope (CEO of Macquarie Telecom); Michael Malone (CEO of iiNet); Simon Hackett (CEO of Internode); Paul O'Sullivan (CEO of Optus); Michael Egan (chairman of Terria); Michael Simmons (CEO of Terria); Matthew Healy (national executive regulatory and government, Macquarie Telecom); and Andrew Sheridan (general manager of regulatory affairs, Optus).
Shareholders were listed as TransACT, AAPT, Primus, Optus, Soul, Internode, Macquarie and iiNet with each holding one of eight shares.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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