of tpg telecom industry telecommunications fate acquired by tpg telecom founded 2001 founder bevan slattery steven baxter headquarters brisbane australia key people bevan slattery managing director and co founder owner tpg telecom parent tpg telecom website www.pipenetworks.com pipe networks also known as pipe is an australian telecommunications company based in brisbane queensland . it is a subsidiary of tpg telecom . it is 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 . 1 australian isps which use pipe s metropolitan fibre networks include eftel iinet internode netspace and iprimus amongst others . 2 in march 2010 shareholders accepted a takeover offer from tpg telecom limited . 3 the company was noted for recently increasing their revenues in contrast to the general trend in their industry . 4 contents 1 peering exchanges 2 pipe international 3 takeover offer 4 see also 5 references 6 external links peering exchanges edit 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 international edit 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 . 5 the link connects madang in papua new guinea . it is operated by a newly formed pipe subsidiary pipe international . 6 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 . 7 takeover offer edit this section needs to be updated . please update this article to reflect recent events or newly available information . august 2013 in march 2010 shareholders voted to accept a 373 million takeover offer by tpg telecom ltd. for 6.30 per share . the takeover was subject to approval by the queensland supreme court . shares of tpg rose 11 per cent after the news was released . 3 see also edit queensland portal internet portal companies portal internet in australia list of internet exchange points pipe pacific cable references edit pipe networks limited pwk . archived from the original on 2007 08 21 . retrieved 2007 09 13 . liam tung 13 november 2009 . industry laments loss of pipe networks . zdnet . cbs interactive . retrieved 20 may 2010 . a b internet shake up looms on pipe sale pipe networks turns in a stellar half year . 2 february 2007 . retrieved 2007 09 13 . project runway cleared for take off pdf . pipe networks . 14 january 2008 . retrieved 2008 01 14 . pipe to go ahead with international link . whirlpool . 14 january 2008 . retrieved 2008 01 14 . pipe patches up financing for submarine cable . australian it . 19 december 2008 . external links edit pipe networks pipe international media presentation for ppc 1 pipe resources in south australia nt v t e internet service providers of australia economy of australia internet censorship current ausbbs amcom bigair connexus internet dreamtilt devoted nbn exetel m2 group clubtelco dodo services eftel iprimus nbnsp optus virgin broadband origin net skymesh telstra bigpond pacnet tpg telecom adam internet iinet internode westnet vodafone zettanet wholesale nbn tpg telecom aapt limited agile communications chime communications pipe networks nextgen networks origin net telstra wholesale former chariot connect.com.au grapevine neighbourhood cable netspace opel networks ozemail pacific internet pegasus networks people telecom related topics internet in australia national broadband network retrieved from https en.wikipedia.org w index.php title pipe networks & oldid 687113494 categories companies formerly listed on the australian securities exchangeinternet exchange points in australiacompanies based in brisbane2001 establishments in australiacompanies established in 2001hidden categories use dmy dates from june 2011use australian english from june 2011all wikipedia articles written in australian englishpages using infobox company with unsupported parameterswikipedia articles in need of updating from august 2013all wikipedia articles in need of updating navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 23 october 2015 at 11 12 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view