Washington H. Soul Pattinson and Company Limited is an Australia-based company engaged in the ownership of shares and properties, coal mining, bulk handling, telecommunications carrier, merchant banking, funds management, retailing of pharmaceutical products, and manufacturing of savouries and cakes. The business segments of the Company are investing activities, which includes investments in listed and unlisted entities, and short term deposits; telecommunications, which includes selling both wholesale and retail products and services as a licensed telecommunications carrier; coal mining, which includes coal mining and support activities, and consulting, which includes the provision of consulting services. In May 2007, the Company discontinued its operations in the media segment. The subsidiaries of the Company include SP Laboratories Pty. Limited, SP Newcastle Pty. Limited, SP Runaway Bay Pty. Limited, Souls Funds Management Limited and Souls Financial Solutions Pty. Limited.