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2004-11
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Date: Mon, 1 Nov 2004 11:46:23 +1300
From: Craig Hoskin To: aussie-isp Message-Id: <0B7B17743FE15044BC1B034079F8868524030F@gateway.infobahnz.local> Subject: [Oz-ISP] S P TELEMEDIA ANNOUNCES ACQUISITION OF COMINDICO |
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S P TELEMEDIA ANNOUNCES ACQUISITION OF COMINDICO S P Telemedia (SPT) today announced it had reached agreement to acquire the assets and business of Comindico from the Receivers, McGrath Nicol. SPT has acquired one of Australia's first and largest fully convergent IP based networks, capable of carrying voice data and video simultaneously, at a fraction of its original construction cost. This network complements and enhances the existing SPT IP network and positions the company for further growth. The acquisition will enable SPT to further expand its current extensive regional IP broadband network and significantly increase the capital city network and presence of SPT. The acquisition will also enable SPT to add a number of new products to the current SPT product suite, mainly in the voice, dial-up internet and broadband markets and, importantly, this will be on owned infrastructure. The Directors of SPT believe that the existing customers of Comindico will be comforted in the knowledge that a company of SPT's standing has made this acquisition and can be assured of the continued delivery of products and services by Comindico. The Directors are confident that the strategies to be put in place in relation to the future operation of the Comindico business within the SPT structure will ensure that it is a major contributor to the future success of SPT. ---- email "unsubscribe aussie-isp" to m a j o r d o m o @ a u s s i e . n e t to be removed. |
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