Allens has advised the shareholders of prepaid mobile services provider Boost Mobile, including Paul Keating, Peter Adderton and Peter and Stephen Hill, on the sale of the business to Telstra.
Allens has advised the shareholders of prepaid mobile services provider Boost Mobile, including Paul Keating, Peter Adderton and Peter and Stephen Hill, on the sale of the business to Telstra.
The deal follows a 13-year partnership between Boost and Telstra through which Telstra facilitated access to its mobile network and operational management.
'We are pleased to have advised Boost on this significant acquisition, which will maintain the Boost brand and its mission to provide affordable mobile connectivity,' said lead partner Tom Story.
'The deal speaks to the success of Boost's business model and interest in recent years among telecommunications companies to acquire partner mobile virtual network operators.'
