News

• Pipe Network's Brisbane data centres suffer outage

  Australian fibre wholesaler, Pipe Networks, suffered an unexpected outage at its Brisbane-based DC1 and DC2 data centres in the early hours of this morning due to power and air conditioning issues.

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  Brisbane flood shuts down AAPT data centre

  AAPT has confirmed it is the latest telco to close its Queensland data centre following flooding.

• TPG to provide cable network for Vodafone

  TPG Telecom Ltd will provide a high-speed, fibre-based network for Vodafone to meet the growing demand for data on mobile devices.

• Slattery leaves PIPE early

  TPG (ASX:TPM) has confirmed Pipe Networks CEO Bevan Slattery has stood down just six months into his 12-month contract signed following the acquisition of Pipe in March this year.

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  PIPE v NBN Co continues

  Pipe Network's CEO, Bevan Slattery, has fired another salvo in his debate with the company charged with rolling out the National Broadband Network (NBN), arguing that NBN Co’s intention to seek a 20 to 30 year return on the government’s investment was considered “abnormal” within the telco industry.

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  NBN Co fights back on Pipe CEO's disclosure claims

  NBN Co has defended itself from criticism made by Pipe Networks founder Bevan Slattery that the company’s level of disclosure and consultation had been deficient at every level.

• TPG goes into trading halt

  TPG Telecom Ltd shares have been placed in a trading halt while shareholders of PIPE Networks Ltd vote on whether to approve TPG's offer to buy PIPE.

• In Brief: TPG raises $65m

  TPG Telecom has completed an institutional placement to raise $65 million through the issue of around 41 million new ordinary shares at $1.585 – a 5.4 per cent discount to the last closing price.

• TPG to raise $70m to pay off debt

  TPG Telecom (ASX:TPM) is to go on a $70m capital raising path, via a share placement, to reduce the group’s net debt following the proposed $350m acquisition of Pipe Networks.

• Pipe Networks records $16.6m profit

  Pipe Networks (ASX:PWK) has announced financial results for the six months to 31 December 2009, recording $16.6 million in profit, a 201 per cent increase over the previous half result of $5.5 million.

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  TPG gets funding to buy Pipe Networks

  TPG Telecom (ASX:TPM) has secured the money it needs to go ahead with its merger with Pipe Networks (ASX: PWK).

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  Computerworld Top 10 Most Influential — Notable Exclusions

  Last week we revealed the iPhone had taken out the Computerworld Top 10 Most Influential for 2009. The smartphone topped a list of remarkable people, products, organisations, trends and events that greatly influenced the ICT industry and community over the course of 2009.

• PIPE Networks picks Equinix for PPC-1 interconnect

  PIPE Networks (ASX: PWK) has picked the Equinix data centre in Sydney as an interconnect provider for the recently launched PPC-1 undersea cable.

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  TPG and PIPE will work well together: Teoh

  SP Telemedia (SPT) chairman David Teoh has brushed aside concerns TPG and PIPE Networks cultures will clash saying the two have a lot in common.

• Analyst: Too early to tell SP Telemedia and PIPE Networks deal impact

  The impact of the tie up between SP Telemedia and PIPE Networks announced to the ASX yesterday, will not be known for some months, according to Layer 10 founder, Paul Brooks.