|
|
|
Wednesday 5 May 2010
Canberra-based telecommunications provider, TransACT, has announced that it has purchased ActewAGL’s 50 per cent interest in local internet service provider (ISP) – Grapevine.
TransACT Chief Executive Officer Ivan Slavich said, “TransACT purchasing Grapevine outright presents an exciting future for Grapevine.
“This acquisition places TransACT in a position to provide its ISP customers with even greater value for money when we unveil new Grapevine services and updated products in the second half of 2010.
“This exciting purchase decision also allows TransACT to better position itself within a broader National Broadband Network (NBN) environment by fully owning its ISP.
“We wish to assure all Grapevine customers that it is business as usual and that this change will not affect the excellent service that Grapevine customers currently experience or the current bundle agreement that they may have in place with ActewAGL and TransACT.”
ActewAGL originally started an ISP known as NetConnect in 2002. In 2005, ActewAGL and TransACT joined forces to launch the rebranded joint-venture ISP – Grapevine.
For more information about Grapevine visit grapevine.com.au
|