Tribunal blocks Telstra
Telstra (ASX:TLS) and TPG Telecom (ASX:TPG) will not be able to share infrastructure across regional Australia, as the competition tribunal upheld the decision to block the deal.
Read More
TPG Telecom Limited, formerly named Vodafone Hutchison Australia Limited, was listed on the Australian Securities Exchange on 30 June 2020. On 13 July 2020, this newly listed company merged with TPG Corporation Limited, formerly named TPG Telecom, to bring together the resources of two of Australia’s largest telecommunications companies, creating the leading challenger full-service telecommunications provider.
The merger combines highly complementary network infrastructures and leading talent in Australia’s mobile and fixed broadband sectors, with an integrated offering that leverages a comprehensive portfolio of fixed and mobile products. The new TPG Telecom Limited (“TPG Telecom”) will operate a number of leading mobile and internet brands including Vodafone, TPG, iiNet, Internode, Lebara and AAPT.
TPG Telecom will own and operate nationwide fixed and mobile network infrastructure, including:
The combination of these assets creates exciting opportunities for TPG Telecom to grow market share in its existing businesses and, importantly for the future, invest in 5G technologies that will deliver faster services and offer more competitive value to Australian customers.
Telstra (ASX:TLS) and TPG Telecom (ASX:TPG) will not be able to share infrastructure across regional Australia, as the competition tribunal upheld the decision to block the deal.
Read More
Disappointing results announced Monday by TPG Telecom and online retailer Kogan, although their positive share price movements were a surprise on a generally weak trading day.
Read More
A bit of a rout on the local market in Monday's trading session, but we managed to find a couple of stocks that bucked the trend, plus some news of further UK sanctions against Russia.
Read More
Lucas Goode & Simon Conn from Investors Mutual unpick telco TPG, which they believe has a number of drivers working in its favour that will likely improve earnings going forward.
Read More
TPG has lifted its final dividend after its full-year profit jumped 52% as the full impact of the Vodafone takeover kicked in and signs emerged of a recovery in Australia’s mobile market.
Read More
Macquarie retains an Outperform rating and lowers the target to $7.50 from $8.00.
Read More
The broker increases its target price to $5.95 from $5.80, though maintains a Neutral rating on valuation.
Read More
UBS plans to review its forecasts and retains a Buy rating and $7.60 target at present.
Read More
Proforma numbers for TPG Telecom were provided, which were in-line with Morgans forecasts.
Read More
UBS thinks TPG Telecom’s share price has not fully adjusted for the special dividend payment.
Read More