TPG Telecom

TPG Telecom net profits jump 114% in H1

Australian fixed and mobile operator TPG Telecom’s financial results show net profits increased by more than 114% YoY reaching A$167 million, driven by the sale of the operator’s tower assets.

TPG Telecom offloads the last of its towers

Australian MNO TPG Telecom is selling what’s left of its passive mobile tower and rooftop infrastructure inventory to OMERS Infrastructure Management for $950 million.

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