PIPE Networks (also known as PIPE) is an Australian telecommunications company, based in Brisbane, Queensland. It is a subsidiary of TPG Telecom. Its primary business is setting up peering exchanges. PIPE itself stands for "Public Internet Peering Exchange". The company also provides services such as co-location, telehousing, and fibre networks.
In March 2010, shareholders accepted a takeover offer from TPG Telecom Limited.[3] The company was noted for recently increasing their revenues, in contrast to the general trend in their industry.[4]
In January 2008, PIPE Networks announced it would be constructing a $200 million international link, known as PPC-1(Pipe Pacific Cable), from Sydney to Guam.[5] The link connects Madang in Papua New Guinea. It is operated by a newly formed PIPE subsidiary, PIPE International.[6]
In April 2008, PIPE Networks entered into a joint venture with New Zealand-based Kordia to build an underseafibre optic cable between New Zealand and Australia. This cable will be known as PPC-2.[7]
Takeover offerEdit
This section needs to be updated. Please help update this article to reflect recent events or newly available information.(August 2013)
In March 2010, shareholders voted to accept a $373 million takeover offer by TPG Telecom Ltd. for $6.30 per share (TPG Annual Report 2010, p48). The takeover was subject to approval by the Queensland Supreme Court. Shares of TPG rose 11 per cent after the news was released.[3]
^"Pipe Networks turns in a stellar half year". 2 February 2007. Retrieved 13 September 2007.
^"Project Runway cleared for take-off" (PDF). PIPE Networks. 14 January 2008. Retrieved 14 January 2008.
^"PIPE to go ahead with international link". Whirlpool. 14 January 2008. Retrieved 14 January 2008.
^. Australian IT. 19 December 2008. Archived from the original on 20 December 2008. Retrieved 19 December 2008.
External linksEdit
PIPE Networks
PIPE International
Media presentation for PPC-1
PIPE resources in South Australia/NT
September 01, 2023
pipe, networks, also, known, pipe, australian, telecommunications, company, based, brisbane, queensland, subsidiary, telecom, primary, business, setting, peering, exchanges, pipe, itself, stands, public, internet, peering, exchange, company, also, provides, se. PIPE Networks also known as PIPE is an Australian telecommunications company based in Brisbane Queensland It is a subsidiary of TPG Telecom Its primary business is setting up peering exchanges PIPE itself stands for Public Internet Peering Exchange The company also provides services such as co location telehousing and fibre networks PIPE Networks LimitedTypePrivate subsidiary of TPG Telecom IndustryTelecommunicationsFounded2001FounderBevan Slattery Steve BaxterFateacquired by TPG TelecomHeadquartersBrisbane AustraliaKey peopleBevan Slattery Managing Director and Co founderOwnerTPG TelecomParentTPG TelecomWebsitewww pipenetworks comPIPE listed on the then Australian Stock Exchange on 17 May 2005 as PIPE Networks Limited with a stock code of PWK 1 Australian ISPs which use PIPE s metropolitan fibre networks include Eftel iiNet Internode Netspace and iPrimus amongst others 2 In March 2010 shareholders accepted a takeover offer from TPG Telecom Limited 3 The company was noted for recently increasing their revenues in contrast to the general trend in their industry 4 Contents 1 Peering exchanges 2 PIPE International 3 Takeover offer 4 See also 5 References 6 External linksPeering exchanges EditPIPE currently runs six metropolitan exchange networks City First opened Number of sitesBrisbane May 2002 4Sydney January 2003 6Adelaide January 2003 2Melbourne July 2003 4Hobart August 2003 2Canberra June 2004 1PIPE International EditIn January 2008 PIPE Networks announced it would be constructing a 200 million international link known as PPC 1 Pipe Pacific Cable from Sydney to Guam 5 The link connects Madang in Papua New Guinea It is operated by a newly formed PIPE subsidiary PIPE International 6 In April 2008 PIPE Networks entered into a joint venture with New Zealand based Kordia to build an undersea fibre optic cable between New Zealand and Australia This cable will be known as PPC 2 7 Takeover offer EditThis section needs to be updated Please help update this article to reflect recent events or newly available information August 2013 In March 2010 shareholders voted to accept a 373 million takeover offer by TPG Telecom Ltd for 6 30 per share TPG Annual Report 2010 p48 The takeover was subject to approval by the Queensland Supreme Court Shares of TPG rose 11 per cent after the news was released 3 See also Edit nbsp Queensland portal nbsp Internet portal nbsp Companies portalInternet in Australia List of Internet exchange points Pipe Pacific CableReferences Edit Pipe Networks Limited PWK Archived from the original on 21 August 2007 Retrieved 13 September 2007 Liam Tung 13 November 2009 Industry laments loss of Pipe Networks ZDNet Retrieved 20 May 2010 a b Internet shake up looms on PIPE sale Pipe Networks turns in a stellar half year 2 February 2007 Retrieved 13 September 2007 Project Runway cleared for take off PDF PIPE Networks 14 January 2008 Retrieved 14 January 2008 PIPE to go ahead with international link Whirlpool 14 January 2008 Retrieved 14 January 2008 PIPE Patches Up Financing For Submarine Cable Australian IT 19 December 2008 Archived from the original on 20 December 2008 Retrieved 19 December 2008 External links EditPIPE Networks PIPE International Media presentation for PPC 1 PIPE resources in South Australia NT Retrieved from https en wikipedia org w index php title PIPE Networks amp oldid 1114949936 PIPE International, wikipedia, wiki, book, books, library,
