Melbourne-based unlimited NBN retail service provider Mungi has gone into voluntary administration just a year after it was created.
The companys website was replaced with a message today that blamed economic conditions for the collapse.
However, in a Whirlpool post, Mungi attributed its collapse to an inability to achieve the scale required to compete in an NBN world.
That makes it the second RSP in a week to exit NBN citing small scale, following Amaysims surprise exit from the NBN business.
Weve tried our best to grow Mungi into a world-class ISP however we faced some hurdles which weve tried our best to overcome, co-founder Jamie L. said.
Offering NBN is incredibly difficult. There is a huge advantage for the la…
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