[AusNOG] Soul/TPG buying Pipe ...

[Ben Grubb]

Renai @ ZDNet has this to say....

"Let me be the first to condemn the proposed buyout of Pipe Networks by SP Telemedia as an absolute travesty for all concerned and Australia's telecommunications industry in general."

http://www.zdnet.com.au/insight/communications/soa/Pipe-Networks-sell-out-an-absolute-travesty/0,139023754,339299494,00.htm

-- 
Ben Grubb

On 12/11/2009, at 2:53 PM, Skeeve Stevens wrote:

> All,
>  
> If everything Bevan says in the ITNews article is true, then we probably don’t have too much to worry about.... but there is going to be the lingering concern for quite a while.
>  
> But while Bevan’s comments now do give some confidence, he won’t be a shareholder for much longer and then who knows what influence he will wield.
>  
> See you tonight... will certainly be one of the most interesting Pipe drinks ever... Bevan, giving away laptops again? ;-)
>  
> ...Skeeve
>  
> --
> Skeeve Stevens, CEO/Technical Director
> eintellego Pty Ltd - The Networking Specialists
> skeeve at eintellego.net / www.eintellego.net
> Phone: 1300 753 383, Fax: (+612) 8572 9954
> Cell +61 (0)414 753 383 / skype://skeeve
> www.linkedin.com/in/skeeve ; facebook.com/eintellego
> --
> NOC, NOC, who's there?
>  
> From: ausnog-bounces at lists.ausnog.net [mailto:ausnog-bounces at lists.ausnog.net] On Behalf Of Andrew Cox
> Sent: Thursday, 12 November 2009 12:08 PM
> To: ausnog at ausnog.net
> Subject: Re: [AusNOG] Soul/TPG buying Pipe ...
>  
> http://www.itnews.com.au/News/160384,smooth-slattery-to-soothe-isp-concerns-on-pipe-sale.aspx
> 
> The SP Telemedia sale will create a vertically-integrated provider - a mini-Telstra some have suggested - and ISPs will find themselves buying wholesale connectivity from a competitor.
> 
> Slattery told iTnews today that he is more than aware of the perception.
> 
> "It is certainly a perceived risk," he said. "I will be sitting down with partners and customers at various functions over the next few weeks to explain the very good reasons we are doing this.
> 
> "The one thing I can say, in this circumstance, is that Soul/TPG is making a very serious investment, and it would make no sense for them to then change the PIPE business. It is very important for Soul that PIPE remains as it is today.
> 
> "PIPE is likely to have more wholesale products, not less. And I expect no changes in management or staff - its business as usual for PIPE after this."
> 
>  
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