PIPE Networks
PIPE Networks (also known as PIPE) is an Australian telecommunications company based in Brisbane, Queensland. It is a subsidiary of Vocus Group.[2] Its primary business is establishing peering exchanges. PIPE stands for "Public Internet Peering Exchange". The company also offers 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 the stock code: PWK.[3] Australian ISPs that utilise PIPE's metropolitan fibre networks include iiNet, Internode, and iPrimus, among others.[4] In March 2010, shareholders accepted a takeover offer from TPG Telecom Limited.[5] In October 2024, the Vocus Group proposed to acquire PIPE Networks from TPG Telecom for $5.25 billion.[6] The sale was finalised on 31 July 2025. Peering exchangesPIPE currently runs six metropolitan exchange networks.
PIPE InternationalIn 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.[7] The link connects Madang in Papua New Guinea. It is operated by a newly formed PIPE subsidiary, PIPE International.[8] 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 was to be known as PPC-2.[9] As of 2024, this link has yet to appear. 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.[5] See alsoReferences
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