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TPG Telecom Limited ( (AU:TPG) ) has provided an update.
TPG Telecom Limited held its 2025 Annual General Meeting, highlighting a strong financial performance in 2024 with significant growth in mobile service revenue and strategic milestones achieved. The company expanded its mobile network reach through a regional network sharing arrangement with Optus, covering 98.4% of the Australian population. Additionally, TPG announced the sale of its fibre network infrastructure assets to Vocus Group Limited, aiming to streamline operations and prioritize investments in customer-impacting areas. These moves are expected to enhance TPG’s market position and provide long-term value to shareholders.
More about TPG Telecom Limited
TPG Telecom Limited operates in the telecommunications industry, providing mobile and fixed-line services. The company focuses on expanding its mobile network reach and enhancing its service offerings through strategic partnerships and infrastructure sharing agreements.
Average Trading Volume: 1,399,933
Technical Sentiment Signal: Buy
Current Market Cap: A$9.54B
See more data about TPG stock on TipRanks’ Stock Analysis page.