I think they're looking at something that'll bring more growth to the business/enterprise space. Mate looks to be a purely residential play so I doubt Aussie would be interested. Vonnex for example would be more like Aussie is looking for, though preferrably larger and more mature if they have $120+ million to play with.
IT News: https://www.itnews.com.au/news/aussie-broadband-expects-to-make-at-least-one-acquisition-this-year-569270
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