TPG is an Australian telecoms provider, competing with the likes of Telstra for market share.
Articles about TPG
Reclusive ISP executive David Teoh is the richest technology executive in Australia, according to Business Review Weekly, which has placed the TPG founder's stockpile at $488 million.
While major telcos have reported significant growth in mobile broadband customers, TPG Telecom's mobile phone subscribers shrank by 12,000 customers over the past six months.
Pipe Networks will disappear from the Australian Stock Exchange for good from close of trading today, following court approval of its sale to internet service provider TPG.
Pipe Networks' shareholders have voted to approve a $373 million deal that will see the company acquired by TPG Telecom.
TPG and iiNet are neck and neck in terms of customer numbers, battling it out for the position of third largest provider. Will the company that comes out on top with the most customers be the ultimate winner, or will other factors come into play?
ZDNet.com.au this week contacted all of Australia's largest ISPs regarding their stances on the government's internet filter. Almost every ISP supported the measure in some way, but iiNet and Internode were ambiguous in their responses.
The potential acquisition of Pipe Networks by SP Telemedia has raised the question about whether vertically integrated backhaul providers will mean higher wholesale prices for ISP customers.
A spokesperson for Pipe Networks' potential new parent, SP Telemedia, has pointed to Optus as a prime example of how it can successfully operate a wholesale and retail telco.
Pipe Networks' chief, Bevan Slattery, may have found his "cash-out" door from the company that helped internet service providers snub Telstra, but many of those customers are not happy that a direct competitor could now control it.
The proposed buyout of Pipe Networks by SP Telemedia is an absolute travesty for Australia's telecommunications industry and will be overwhelmingly negative for customers, Pipe Networks staff, shareholders and the industry as a whole.
SP Telemedia, owner of TPG and Soul internet service providers, has announced its intention to acquire Pipe Networks for $373 million.
Pipe Networks and SP Telemedia have both gone into a trading halt this morning, pending announcements to be made later in the week.
The inference that Soul, AAPT and TransACT were Dead Telcos Walking long before their withdrawals were announced makes me wonder whether Terria has always been, God help us all, just as flimsy a proposition as Telstra has made it out to be.
The telco exodus which has plagued the Terria broadband consortium over the last week is now over, according to remaining members, who yesterday pledged their support as being "rock solid".
TPG-Soul today pulled out of the Terria consortium, saying the nation doesn't need a national broadband network.