Articles about tpg

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Australian telcos promise to be better NBN helpers

Faced with an escalating crisis of consumer dissatisfaction over the National Broadband Network rollout, the federal government called an all-hands meeting in Canberra at which everybody promised to do better. No, really. In an environment so toxic the Australian Competition and Consumer Commission is reiterating its decade- …
Sydney Harbour Bridge in the cloud

TPG to create Australia-wide mobile network

Australian junior telco TPG has announced it will create Australia's fourth mobile network. TPG and Vodafone were today announced as having placed the winning bids in Australia's latest spectrum auction. Telco TPG acquired the sole 2 x 10 MHz lot on offer, for for $1.26 billion. Vodafone Hutchinson Australia (VHA) will write …
Simon Sharwood, 12 Apr 2017
Handshake

McAfee's back! Intel flogs security software biz, pockets $3.1bn

Intel is selling off a majority stake in its security software arm – formerly known as McAfee – to private equity firm TPG, which will rename itself to, er, McAfee. Chipzilla absorbed McAfee Inc in 2010 for $7.68bn, and in 2014 it phased out the McAfee brand name. According to Intel, that software division is today valued at …
Iain Thomson, 7 Sep 2016
scissors cut cable

Spare ship found to fix broken submarine cable slowing Oz internet

Alcatel Submarine Networks has dispatched the cable ship Lodbrog to service the damaged PPC-1 cable that's currently the source of a bandwidth crimp for Australia. The Lodbrog is needed because the ship usually brought in for Australian cables, the Ile de Re, was already booked to repair the Basslink power-and-comms conduit …
Fibre Optic by Barta IV https://www.flickr.com/photos/98640399@N08/ cc 2.0 attribution https://creativecommons.org/licenses/by/2.0/

TPG glasses Vodafone with 4,000 km of new fibre

After Vocus and M2 Communications announced their merger deal, all eyes turned to troubled mobile operator Vodafone, with TPG mooted as the likely buyer. Those rumours will get even more legs, with the two companies announcing a services-for-subscriber swap that will implant TPG deep in the Vodafone network. The no-longer- …
Selection of Australian banknotes

TPG ups offer for iiNet to AU$1.56bn, includes clever cash kicker

Australia's TPG Telecom has increased its offer for internet service provider iiNet, leapfrogging a counter-bid by the M2 group to emerge as the preferred buyer. TPG upped its offer by 11 per cent, to about AU$1.56bn or $9.55 a share, payable in cash or TPG stock. Rival suitor M2 Group is offering $9.67 per share, but iiNet's …
iiNet actor

M2 drops on knee, offers scrip ring for iiNet's hand

A second bidder has entered the competition to acquire Australia's second-largest fixed-line internet service provider iiNet, raising the possibility that initial predator TPG might not have things its own way. The Australian Financial Review reckons the bid was received by iiNet on Friday, and offers shares (but no cash) but …
iiNet actor

iiNet to be scooped up by TPG for $1.4 billion

Competition in the Australian broadband market is about to take another step backwards in favour of consolidation, with TPG announcing it's going to buy iiNet. iiNet has long been a favourite of Australia's Internet users for doing battle with "big content" over its right to take piracy cases all the way to end users. It won …

Turnbull says big telcos should subsidise bush comms

It looks like the federal government is getting its feet in a tangle, trying to reconcile the public good of the National Broadband Network with free-market doctrine. Communications minister Malcolm Turnbull has floated his ideas of how to create a transparent mechanism to subsidise rural telecommunications, and it seems to …

TPG unplugs NBN rival fibre to the basement service

Junior telco TPG has decided it will not proceed with a fibre to the basement (FTTB) product. TPG last year decided it would go after the FTTB market, which largely comprises large apartment buildings in which fibre to the premises is impractical. Building FTTB rigs and acting as a retailer was eminently possible under …
Ford Focus embedded into Edinburgh basement

ACCC gives thumbs up to TPG's NBN fibre-to-the-basement raids

Australia's Competition & Consumer Commission (ACCC) has to do nothing about junior telco TPG's plans to compete with the nation's government-mandated monopoly telephony network provider NBN Co, but is still pondering whether other telecoms retailers should be allowed to resell services running on TPG's infrastructure. TPG …
Simon Sharwood, 10 Sep 2014
NBN Co Customer premises equipment

NBN Co adds apartments to FTTP rollout

NBN Co – via Telstra Wholesale – has revealed which apartment blocks will be the first to get FTTP under commercial trials of a rollout plan designed to thwart cherry-picking by competitors. The Telstra Wholesale rollout publication (PDF or Excel, here) obliquely identifies suburbs in Sydney (Millers Point and Haymarket), …
Turnbull with Switkowski in Blacktown

Telecomms regulation neglected in anti-NBN crusade

Here's an idea: instead of the $AU10 million worth of reviews designed to pursue an ideological crusade against the National Broadband Network, communications minister Malcolm Turnbull could instead get to work on fixing the creaking competition mechanisms of Australia's telecommunications industry. It won't happen, of course …
Cat 5 cable

NBN Co puts October date on first FTTB connections

NBN Co, the entity charged with building Australia's National Broadband Network (NBN) has announced the expected go-live data for its first commercial fibre/copper services, saying its fibre-to-the-basement (FTTB) product will be ready by October 2014. Running behind the less-constrained internet service provider TPG, which is …
Turnbull with Switkowski in Blacktown

Cherry-pick undermines NBN business case: Switkowski

NBN Co chief Ziggy Switkowski has told a Senate committee that “cherry-picking” network rollouts planned by TPG and mooted by Telstra do, indeed, pose a threat to its own business model. TPG Internet stated last year that it wanted to extent its metro fibre networks to residential apartment basements, using existing copper to …

Telecom New Zealand exits Australia with AAPT sale

The last remnant of one of Australia's first batch of competitive telecommunications carriers, AAPT, has been sold to TPG for $NZ450 million (about $AU410 million). The sale marks the exit of Telecom New Zealand from the Australian market. In 2010 TNZ sold AAPT's consumer customers to iiNet for $NZ60 million. TPG outbid …

TPG floats fibre cherry-pick

Second-tier ISP TPG is eyeing the big league, announcing a plan to use its fibre network to connect a 100 Mbps fibre-to-the-building service to high-density apartments around Australia. At the company's 2013 full-year financial briefing, TPG chairman David Teoh discussed the plan and said the company had begun design work on …

Spectrum auction closes shy of $AU2 billion

Australia's communications minister Senator Stephen Conroy has failed to stretch his “red undies” over the government's budget deficit: the spectrum auction, for which the results have just been announced, yielded a little under $AU2 billion. Last year, the Senator was criticised for setting an “unrealistic” floor price of $1. …

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