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iiNet is one of Australia's major Internet Service Providers. Focusing primarily on ADSL-based Internet access, iiNet is currently ranked Australia's third largest ISP.
iiNet was founded in 1993 by Michael Malone and Michael O'Reilly who started the business in a suburban garage in Perth, Western Australia as iiNet Technologies Pty Ltd. It began as one of the first Australian ISPs to offer live TCP/IP Internet access, as opposed to store-and-forward techniques (such as MHSnet) used by other ISPs. It was the first ISP to offer PPP access in Australia, and the first to base operations on the then new Linux operating system.
In the mid 1990s, the company experimented with related services such as iiCon - a web design joint-venture with a leading Perth design company, and Intuition - an Internet training school. Whilst they were initially successful, the company ultimately closed them down to focus on core Internet service provision.
The company outgrew its suburban home in 1995 and was one of the first ISPs to make the migration to CBD office accommodations. Its early growth during the Internet boom was hampered by the ability of the local telecommunications provider to deliver enough telephone lines to cope with demand.
A growing demand on infrastructure, as well as a rapidly increasing number of staff saw the company relocate again in 1997 to the prestigious QV.1 building. Shortly after it was instrumental in forming the Western Australian Internet Exchange in the same premises.
1999 marked a turning point for the company. Founding partner Michael Malone purchased the company outright and listed it on the Australian Stock Exchange under ticker symbol IIN. The new found capital was used to acquire its two major local rivals in Western Australia - Wantree Internet and Omen Internet.After the tech bubble burst in 2000This page is about the year 2000. See 2000 AD for the UK comic book, Number 2000 for other uses. 2000 is a leap year starting on Saturday (see link for calendar), and also the International Year for a Culture of Peace''. Events Y2K passes without the seri, the company fared poorly on the markets - however consistently remained profitable and used the time to strengthen its service and reposition itself as a telco-quality provider.
The company created a new registered telecommunications provider iiTel, later renamed Chime (believed to be the best sounding word in the English language), that sought to improve Internet access prices by making wholesale telephone access much cheaper. This was possible through new interconnection agreements mandated by the Australian Government's deregulation of the telecommunications industry.
Based on its new abilities, and after consolidating its local position, iiNet focused on expanding to national coverage in the early 2000sThis article is about the decade starting at the beginning of 2000 and ending at the end of 2009. For the century or millennium starting in 2000, see the links below. Millennia: 2nd millennium 3rd millennium 4th millennium Centuries: 20th century 21st cen through strategic acquisitions and natural growth. Acquisitions included:
With the advent of ADSL access, iiNet was at the forefront of price and service wars and was rewarded with a substantial amount of business in the emerging broadband industry. The take-up moved the company from a provider of dial-up Internet in one state to a dominant Internet provider across all of Australia.
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