Sunday, February 10, 2008
Soul sells its Soul to TPG
In what could see SP Telemedia selling its SOUL to the devil, its been announced that TPG and SP Telemedia (SOUL) will merge in a deal worth $250 million.
This will make combined group will have one of the largest DSLAM networks in Australia and one of Australia's most profitable telecommunications companies in terms of profit margin. This means SP Telemedia and TPG networks will be combined allowingopportunities to increase network traffic, bundle and cross-sell both companies products and reduce expenditure as its customer base expands.
TPG were already offering the best priced ADSL 2 product complete with IPTV products not availalbe on any other provider.
This will make combined group will have one of the largest DSLAM networks in Australia and one of Australia's most profitable telecommunications companies in terms of profit margin. This means SP Telemedia and TPG networks will be combined allowingopportunities to increase network traffic, bundle and cross-sell both companies products and reduce expenditure as its customer base expands.
TPG were already offering the best priced ADSL 2 product complete with IPTV products not availalbe on any other provider.
# posted by Peter Saville - IT Consultant @ 2:49 AM 
