PIPE Networks (also known as PIPE) is an Australian telecommunications company, based in
Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a populati ...
,
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, established_ ...
. 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 listed on the then
Australian Stock Exchange on 17 May 2005 as PIPE Networks Limited with a stock code of: PWK.
Australian ISPs which use PIPE's metropolitan fibre networks include
Eftel,
iiNet,
Internode,
Netspace
Netspace was one of Australia's major Internet service providers.
Netspace started in 1992 by Stuart Marburg and Richard Preen, the business initially offering dial-up internet access, as was the standard at the time. The company was headquart ...
and
iPrimus
iPrimus is an Australian telecommunications company and wholly owned subsidiary of Vocus Communications.
iPrimus primarily focuses on fixed, mobile, and broadband services. Primus Telecom was the first telecommunications carrier to receive ...
amongst others.
In March 2010, shareholders accepted a takeover offer from
TPG Telecom Limited.
[Internet shake-up looms on PIPE sale]
/ref> The company was noted for recently increasing their revenues, in contrast to the general trend in their industry.
Peering exchanges
PIPE currently runs six metropolitan exchange networks.
PIPE International
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
Guam (; ch, Guåhan ) is an organized, unincorporated territory of the United States in the Micronesia subregion of the western Pacific Ocean. It is the westernmost point and territory of the United States (reckoned from the geographic ce ...
. The link connects Madang in Papua New Guinea
Papua New Guinea (abbreviated PNG; , ; tpi, Papua Niugini; ho, Papua Niu Gini), officially the Independent State of Papua New Guinea ( tpi, Independen Stet bilong Papua Niugini; ho, Independen Stet bilong Papua Niu Gini), is a country i ...
. It is operated by a newly formed PIPE subsidiary, PIPE International.
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.
Takeover offer
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.[
]
See also
* Internet in Australia
* List of Internet exchange points
* Pipe Pacific Cable
References
External links
PIPE NetworksPIPE InternationalMedia presentation for PPC-1PIPE resources in South Australia/NT
{{Internet service providers of Australia
Companies formerly listed on the Australian Securities Exchange
Internet exchange points in Australia
Companies based in Brisbane
Australian companies established in 2001