TPG will deliver high-speed connectivity to I-MED Network under a deal announced today by the two companies.
TPG did not reveal the value of the contract under which the telco will use its fibre infrastructure to hook up I-MED’s medical imaging clinics but described it as a “a significant multimillion dollar commercial agreement”.
The deal covers a network of 180 clinics. TPG said it would deliver speeds of up to 10 gigabits per second to I-MED’s offices.
“Recent advances in equipment such as CT and MRI scanners as well as mammography machines allow us to capture images with increased detail,” I-MED CEO Steven Rubic said in a statement.
“While this has enabled faster diagnosis of health conditions, our current network bandwidth was not always able to meet the demand required by the increased size and quantity of images.”
“We will now be able to take full advantage of state-of-the-art 3D rendering applications, which provide our radiologists with incredible detail and new capabilities in image manipulation, ultimately improving diagnostic accuracy,” Rubic said.
According to TPG, half a decade ago a mammogram image could be 80MB, compared to nearly 5GB today.
Rollout of the network has already started with completion planned for end of 2016.
TPG last month announced a 90 per cent increase in net profit after tax for the first half of FY16 compared to 1H15.
The telco reported NPAT of $202.5 million for the six months to 31
January, and earnings before interest, tax, depreciation and
amortisation (EBITDA) of $437.3 million (up 85 per cent compared to the
first half of FY15).