All the telcos have been running since the M2 announcement, combined with a retreat from riskier stocks.
I can't see a fit for BGL unless it was a Vocus or an outside chance Amcom, but I think if they were going to take them they would have done so already.
I'm not sure how big the privately held Vertel are, but I know they have been around for a while. (Perhaps you could look back through ACMA USO revenue assessments.)
I think the next M&A activity will again be with BGL as the acquirer. Cirrus, Pacific Wireless, OMNI connect. There are a few other smaller operators but I dont think they would bother with those.
BGL Price at posting:
56.0¢ Sentiment: None Disclosure: Not Held
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