The acquisition of Pipe Networks could result in more 'unlimited' downloads and value offers
TPG’s acquisition of Pipe Networks will give the company better control over the cost of buying international network capacity, according to an analyst.
TPG will have access to Pipe's fibre optic network and submarine cable system between Sydney and Guam
Telecommunications company, Pipe Networks, will be taken over by TPG Telecom under a $373.09 million deal.
Transaction expected to be finalised by December 11
Telecoms operator, Soul/TPG (ASX: SOT), is set to acquire networking player, Pipe Networks (ASX: PWK).
SP plots major Australian expansion in 2010
Telco operator, SP Telemedia Limited (ASX:SOT), is planning a major expansion program into Western Australia next year following a strong 2009.
Some ISPs have ruled out joining the newly revived telco consortium, with one ISP labelling it an "industry pressure group"
The revived TERRiA telco consortium’s recruitment plans may be stifled as several Internet service providers (ISPs) have refused to join the group.
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Whether we like it or not, broadband has become a staple of our daily lives. We shop, work and even communicate online and this trend does not show any signs of slowing.
