‘Telstra has acquired popular pre-paid provider Boost Mobile for $140m – and in the process the massive deal has earned former Australian Prime Minister Paul Keating a cool $40m windfall.’ – reported at www.techguide.com.au

‘Keating, Australian PM between 1991 and 1996, was an early investor in Boost Mobile with a 29 per cent share in the business and he invested a further $500,000 in 2000 when the when the fledgling telco was negotiating to use the Optus network.’