TPG Purchases AAPT

IT Pro:

TPG Telecom has provided its strongest indication yet that it is preparing to take on Australia’s dominant internet players, finalising a $450 million deal to buy AAPT’s business and wholesale divisions from Telecom New Zealand.

Combined with TPG’s acquisition of PIPE Networks back in 2010 and their purchase of part of the 2.5GHz spectrum earlier this year, something’s brewing up at TPG.