Template:Short description Template:Use dmy dates Template:Use Australian English {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }}
PIPE Networks (also known as PIPE) is an Australian telecommunications company, based in Brisbane, Queensland. 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Australian ISPs which use PIPE's metropolitan fibre networks include, iiNet, Internode, and iPrimus amongst others.<ref name="zdnet">Template:Cite news</ref>
In March 2010, shareholders accepted a takeover offer from TPG Telecom Limited.<ref name=takeover>Internet shake-up looms on PIPE sale</ref>
In October 2024, Vocus Group proposed to PIPE Networks from TPG Telecom for $5.25bn <ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Peering exchangesEdit
PIPE currently runs six metropolitan exchange networks.
| City | First opened | Number of sites |
|---|---|---|
| Brisbane | May 2002 | 4 |
| Sydney | January 2003 | 6 |
| Adelaide | January 2003 | 2 |
| Melbourne | July 2003 | 4 |
| Hobart | August 2003 | 2 |
| Canberra | June 2004 | 1 |
PIPE InternationalEdit
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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The link connects Madang in Papua New Guinea. It is operated by a newly formed PIPE subsidiary, PIPE International.<ref>Template:Cite news</ref>
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.<ref>Template:Cite news</ref> As of 2024, this link has yet to appear.
Takeover offerEdit
Template:Update 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.<ref name=takeover/>