TPM – UBS rates the stock as Neutral
UBS believes the merger with Vodafone Hutchison Australia should solve a number of problems for both companies and are highly complementary.
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TPM – UBS rates the stock as Neutral
UBS notes TPG Telecom will not be allocated 3.5GHz spectrum in Singapore. However TPG Telecom and others will be allowed access to the spectrum in order to offer 5G services through a wholesale arrangement.
Read MoreTPG Upgrades Outlook As ACCC Walks Away From Appeal
The $15 billion TPG Vodafone merger is going ahead, subject to shareholder approvals after the ACCC said it will not appeal the Federal Court’s recent decision to greenlight the deal.
Read MoreTPM – UBS rates the stock as Neutral
The Federal Court has ruled that the proposed merger with Vodafone Australia can go ahead. The merger is expected to be completed in mid 2020. UBS considers the development broadly neutral for the sector.
Read MoreFederal Court Overrules ACCC Clearing Vodafone-TPG Merger
Telcos Vodafone and TPG have been given permission to merge to create a new $15 billion mobile and broadband powerhouse after the Federal Court yesterday threw out a ruling by the ACCC that the tie-up would harm consumers.
Read MoreDisruption Ahead For Mobile Operators?
TPG Telecom is at a crossroads, awaiting a decision on its proposed merger with Vodafone Australia, and there are significant implications for Telstra as well.
Read MoreTPM – UBS rates the stock as Upgrade to Neutral from Sell
FY19 results were in line with UBS estimates. The broker suggests the NBN aspirations could begin to affect forward earnings. The company expects FY20 to be the peak in headwinds from the NBN with the drag on earnings lifting to -$110m.
Read MoreTPG Shares Sink After ACCC Opposes Vodafone Merger
In a major blow to the ambitions of TPG Telecom, the competition regulator has blocked its planned $15 billion merger with Vodafone Hutchison Australia Pty Ltd.
Read MoreTPG Telecom Wired For ACCC Decision
TPG Telecom is in the line of fire as it awaits the decision from the ACCC on its merger with Vodafone Australia. Brokers suspect downside risk to the share price is considerable if the merger is disallowed.
Read MoreTPM – Morgans rates the stock as Hold
First half results were in line with expectations. Excluding mobile network impairments, underlying operating earnings (EBITDA) were up 3%. Morgans believes this was a strong result in the face of NBN margin pressure.
Read MoreTPG Result Marred By Mobile Dropout
As forecast earlier this year, a big write-down of its now abandoned mobile network whacked the interim profit of TPG Telecom.
Read MoreTPG Counts Cost Of Huawei Hiccup
TPG Telecom will take $228 million of write-downs into its first-half results after the decision announced in late January to stop building its mobile phone network.
Read MoreTPG-Huawei Fallout Sparks Telstra Rally
Oddly, TPG Telecom created a win-win situation yesterday with its announcement that it was not going to roll out the country’s 4th mobile phone network.
Read MoreACCC Concerns Spark TPG Sell-Off
TPG Telecom shares took a hammering yesterday after the competition watchdog, the ACCC revealed problems it has with the proposed merger with rival telco, Vodafone Hutchison Australia.
Read MoreTPG & Vodafone Ring In $15bn Merger
Shares in TPG Telecom surged another 18% plus yesterday after the company revealed details of its planned merger with Vodafone Australia via a scheme of arrangement.
Read MoreTelco Shares Surge As TPG & Vodafone Explore Merger
TPG Telecom surged more than 21% yesterday to two-year highs as it said it was talking to rival telco, Vodafone about a possible merger.
Read MoreNBN Bites TPG Bottomline
TPG Telecom has cut interim dividend by three quarters to preserve cash as its mobile expansion plan gathers pace and the impact of the NBN bites the bottomline.
Read MoreTPG Stung By First Strike On Executive Pay
TPG shares ended the day up 1.35 after the telecom reaffirmed its 2018 financial guidance given in September, but it suffered as shareholders gave the telecommunications provider its first strike over executive pay.
Read MoreTPG Takes The Long View On Mobile
TPG has slashed its final dividend to preserve cash as it begins the investment build up for its new mobile phone network, as well as facing growing pressures from the NBN.
Read MoreTelcos Recover Following TPG Mobile Storm
Some sense returned to the telco sector yesterday after the headless chicken sell down of stock in the wake of TPG’s move before Easter to buy new spectrum and build the country’s 4th mobile phone network at a total cost of close to $2 billion.
Read MoreTPG ‘Plunge’ Misses The Bigger Picture
The media has made a big song and dance about how TPG Telecom (TPM) shares ‘plunged’ yesterday after the shares came out of a trading halt to allow it raise around $400 million to help finance its new $1.9 billion Australian mobile phone network and associated electronic spectrum.
Read MoreTPG Mobile Play Rocks Telstra
TPG Telecom finally admitted to its long rumoured plan to build a mobile phone network, news that wiped billions of dollars off the value of rivals such as Telstra, Vocus and Macquarie Telecom.
Read MoreTPG Reaffirms Guidance
TPG Telecom’ (TPM) interim was better than market forecasts and the company is close to regaining its mantle as a growth darling for aggressive fund managers and investors looking for a play in the slow moving telco sector.
Read MoreTPG Reassures Investors, Shares Jump
Telecom group TPG shares jumped 9% at one stage yesterday after management and the board reaffirmed its annual earnings guidance in an effort to assuage investor concerns in the wake of rival Vocus Communications’ disappointing earnings update in late November.
Read MoreTPG Disappoints, Shares Dive
TPG Telecom (TPM) shares plunged yesterday after the company revealed better profits for the 2015-16 financial year, but earnings guidance for the 2016-17 year that was below market expectations and a forecast of higher investment spending.
Read MoreiiNet Deal Lifts TPG
Shares in TPG Telecom (TPM) jumped sharply in yesterday’s sluggish market after revealing the first fruits of its $1.5 billion takeover of iiNet last year.
Read MoreTPG Profit Up 31%
Shares in TPG Telecom (TPM) slipped more than 4% yesterday after the group (which is part of the Washington Soul Pattinson/Brickworks group of companies) reported a 31% jump in net profit to $224.1 million the year to July 2015.
Read MoreTPG Lifts Profit, Dividend, Guidance
TPG Telecom (TPM) has provided a solid reply to the moaning and groaning from some iiNet (IIN) shareholders by revealing better than forecast interim earnings, and an upgrade to full year forecasts.
Read MoreAAPT Lifts TPG Telecom Numbers
TPG Telecom (TPM) has exceeded analyst earnings expectations in reporting a 2013-14 net profit of $171 million.
Read MoreTPG Jumps On Solid Earnings Upgrade
TPG Telecom (TPM) has upgraded its earnings guidance, beating analyst expectations for its interim profit and raised industry speculation it could make a move on rival telecommunications provider iiNet (IIN).
Read MoreTPG Profit, Subscriber Numbers Jump
Shares in TPG Telecom (TPM), 27.7% owned by Washington Soul Pattinson, jumped nearly 12% in yesterday’s lacklustre market after it reported a sharp rise in profit for 2012-13 and faster than expected subscriber growth.
Read MoreUpdates: TPG, Flex, Mincor
More positive earnings updates yesterday.
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