A major telecoms provider, AAPT was acquired in 1999 by Telecom New Zealand as it made a $2 billion bid to break into the Australian market. The investment proved to be unsound for Telecom’s shareholders, and in recent years AATP’s financial performance has deteriorated. Its key retail division was sold to iiNet in 2010, while its remaining business and wholesale interests were sold at the end of 2013 to TPG.
Though owned by TPG, AAPT remains a separate business and manages a substantial interstate network including 11,000km of fibre, its own data centres in major capital cities, fibre access to 1,300 buildings and mid-band Ethernet in a large number of exchanges. It also has access to numerous exchanges focused on the major Australian cities and large metropolitan areas, and is a partner with NBN Access.
The company has undergone significant management changes as it struggles to revitalise its financial position, which will help TPG better absorb the company’s assets and manage its strategic position in a fast-changing market.
This company report includes key financial and operating data for FY2014, as well as an analysis on the company’s market position and its sale by Telecom to TPG.
DSL, Fibre, VoIP, contracts, Next Generation Networks (NGNs), cloud services, SaaS, IAAS, NBN wholesale, spectrum, SDH, free WiFi, FY2013 results and analysis, company sale by Telecom to TPG.
Telecom New Zealand, EdgeCast, Oracle, Telstra, Optus, Nextgen, PowerTel, NBN Co, Signiant, connect.com.au.
As you know, I have resigned from the Labor Ministry and have decided not to re-contest the seat of Charlton at the next election – both for personal reasons.
Before leaving Parliament, I particularly wish to record my thanks to you for your generous and constructive participation in the deliberations that generated significant economic policy reforms for the Australian community. Continuous economic transformation is a key challenge that faces all Governments.
The development of sound public policy should always be contestable. Ultimately, good and equitable outcomes are not concessions to any particular interest group, but the careful balancing of interests to create the greatest possible benefit for the nation. You have contributed to that, and I sincerely thank you for it.
Greg Combet, Former Minister for Climate Change, Industry and Innovation
BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.
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