BREAKFAST DEALS: Southern Cross hush

Southern Cross keeps its Nine and Ten cards concealed ahead of possible 'reach rule' reforms, while M2 adds to its ISP stable.

It’s all about media and telecommunications this morning. Southern Cross Media claims it hasn’t made up its mind about a partner post-reach rule, while Seven Group billionaire Kerry Stokes believes the networks should get national broadband network access for free. M2 Telecommunications has bought two more ISPs as the NBN consolidation phase continues. There could be trouble ahead for fibre rollout joint venture company Syntheo, with a trading halt called, plus Optus is thinking of selling or floating its satellite business.

Southern Cross Media, Nine Entertainment, Ten Network

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