TPG Telecom Limited (TPG), a telecommunications company providing mobile and internet services across Australia, has clarified an incident that led to a temporary trading halt of its securities. The company’s security code, TPG, was placed under a 60-minute timer at 09:20:12 AM this morning, prompting concern among investors and market participants.
According to an announcement released by TPG Telecom to the ASX Market Announcements Office, the trading halt was triggered by an internal error within the company’s systems. The announcement explicitly stated that the imposition of the 60-minute timer was incorrect and should be disregarded by the market.
The company moved swiftly to address the issue and inform the market, issuing a brief statement to clarify the nature of the event. This prompt communication aims to reassure investors and maintain confidence in the stability of TPG’s trading activity.
The announcement, dated August 6, 2025, confirms that normal trading conditions for TPG securities have resumed following the resolution of the internal error. Investors are advised to disregard the previous trading halt notification and refer to official announcements from TPG Telecom for accurate information.
