Seven Network Limited - proposed acquisition of Unwired Group Limited

Acquirer(s)

  • Seven Network Limited

Target(s)

  • Unwired Group Limited

Summary

Seven Network Limited, through its wholly owned subsidiary Network Investment Holdings Pty Limited, proposed to acquire Unwired Group Limited.

Market definition

The proposed acquisition was considered in the context of the retail supply of broadband.

Competition analysis

On 25 October 2007 the ACCC formed the view that the proposed acquisition was unlikely to substantially lessen competition in the relevant market. Factors informing this conclusion included:
- the absence of any overlap by Seven and Unwired in the retail supply of broadband; and
- that the proposed acquisition may have enabled Seven to offer competitive bundled broadband services to consumers in metropolitan areas.

Timeline

DateEvent
11/10/2007ACCC commenced review under the Merger Review Process Guidelines.
18/10/2007Closing date for submissions from interested parties.
25/10/2007ACCC announced it would not oppose the proposed acquisition.