TransACT
Parent TPG | | |
Website | www |
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TransACT is the trading name of TransACT Capital Communications, an Australian telecommunications company based in
In November 2011, TransACT was acquired by iiNet Limited, which in 2015 itself became a subsidiary of TPG.[1] It continues to trade as TransACT. Previously, the company was part-owned by Actew Corporation a 50% joint venture partner in ActewAGL (the main energy and water utility company in the Australian Capital Territory).
History
TransACT was launched in 1996 by a small team comprising Robin Eckermann (Chief Architect), Joe Ceccato, Robert Clarke and Jane Taylor, working under the guidance of ACTEW Executive Neville Smith. The company adopted an Open Access Network (OAN) business model, separating the wholesale and retail businesses.
TransACT operates in collaboration with ten
The company has an extensive fibre network in the ACT.
At the end of 2007, the company acquired the regional Victoria telecommunications company
The first broadband platform rolled out known as Phase 1 network was based on
The Phase 2 rollout involved TransACT placing its own
In 2009, TransACT commenced a greenfield rollout and upgrade of existing VDSL access network to
The telco is the first in the country to build a dedicated
As of end of 2009, five new greenfield suburbs, namely Forde, Franklin, Crace, Casey, Bonner, some parts of Kingston and the Flemington road corridor, were all wired up for this next-generation technology with many new suburbs expected to come on board in the ACT region. As of mid-2010, the total number of premises passed through had reached almost 11,000.
TransACT also offers a range of wholesale services to business and ISP customers, including
In July 2010, they launched the 'eHub', Australia's first commercial
TransACT is the naming rights sponsor of the TransACT
In November 2011, iiNet confirmed plans to acquire TransACT for $60m.[4] At the time TransACT had about 40,000 customers throughout the ACT, Queanbeyan and regional Victoria, across the residential, business and government sectors, and had "total recurring annual revenue" of about $80 million and earnings before interest, tax, depreciation and amortisation of $17 million.[4] It was also reported that the TransACT network consisted of 4,500 kilometres of broadband and 40,000 customers, including 50 lucrative contracts with government departments, that had cost $280 million to build over 10 years.[5]
Grapevine
Grapevine is an
The company had its beginning in ActewAGL Net Connect, a wholly owned subsidiary of ActewAGL, that started in 2003. In April 2005, it was relaunched as Grapevine that was jointly owned by ActewAGL, the main utility company in the region, and TransACT until May 2010 when ActewAGL sold its share of Grapevine to TransACT.[6]
Channels
TransACT defines a virtual channel order that groups channels by their content.
Channels include Channelvision,
See also
References
- ^ Hopewell, Luke (August 2015). "ACCC Gives TPG The A-OK To Buy iiNet". Gizmodo. Retrieved 20 August 2015.
- Canberra Times. p. 6.
- ^ Stephen Withers (8 June 2011). "iTWire – Neighbourhood Cable rebrands as TransACT". itwire.com. Retrieved 26 December 2011.
- ^ a b The Age, 21 November 2011: iiNet confirms $60m plan to buy TransACT
- ^ The Age, 22 November 2011: Investors lose in TransACT's sale
- ^ "About Grapevine". TransACT Capital Communications Pty Ltd. Retrieved 16 March 2011.