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TPG Telecom boss Iñaki Berroeta is hoping to win customers away from Telstra

TPG turns on its Optus tie-up, hoping to steal Telstra customers

The company’s network-sharing agreement with its rival, signed off by competition regulators in September, will expand its coverage into regional areas.

  • 39 mins ago
  • Jenny Wiggins

This Month

FibreconX is chaired by David Yuile.

Dark fibre hotshot FibreconX hunts for $150m; Lazard on ticket

The business, which is backed by Andrew Forrest’s family office Tattarang, is seeking about $150 million and will target high-profile digital infrastructure investors.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Elon Musk, with president-elect Donald Trump, at a rocket launch last year.

Telstra moves to overtake Optus in race to plug into Musk’s Starlink

Telstra is hoping to steal a march on its rival, signing a new deal with SpaceX to connect its mobile customers to the billionaire’s satellite network.

  • Tess Bennett

December 2024

Former TPG chairman David Teoh.

Soul Patts launches $122m Tuas block trade; Jarden on ticket

Shares were priced at $6.10 per share – a 5 per cent discount to last close.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

October 2024

Telstra is ploughing 14,000 kilometres of fibre into the earth for a new intercity communications network.

Australia’s fibre backbone race picks up speed

The Vocus Group’s $5 billion purchase of fibre networks reflects the intensifying competition among companies installing the cables that will handle data for the nation’s digital needs.

  • Jenny Wiggins
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Telstra chief executive Vicki Brady was paid $5.6 million in 2023-24

Telstra investors protest against executive bonuses

Not all Telstra shareholders are happy about its executive bonuses after the telco’s annual profit was hit by hefty write-downs and restructuring costs.

  • Jenny Wiggins
TPG Telecom CEO Inaki Berroeta has finally struck a deal with Vocus to sell off more of the company’s fibre networks.

‘Transformative’: Vocus buys TPG fibre networks for $5.25b

Macquarie Group will pitch more aggressively for data-hungry customers as it expands the Vocus Group’s national fibre network footprint.

  • Updated
  • Jenny Wiggins
Macquarie’s Ani Satchcroft and her team sold AirTrunk in August and signed a $5.25 billion deal to add TPG’s fibre into Vocus Group over the weekend.

Macquarie’s private equity job at Vocus hits $5.25b peak

Macquarie is again pushing the boundaries of what it means to be an infrastructure investor in Australia.

  • Anthony Macdonald
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Vocus’ $5b TPG fibre deal; New Lendlease boss; Star fundie goes solo

Read everything that’s happened in the news so far today.

John Pearce, chief investment officer of UniSuper, likes telco infrastructure.

Mystery investor revealed in Macquarie, Aware’s $6b tilt for TPG fibre

Should the deal proceed as expected, UniSuper stands to emerge as an indirect minority owner of Vocus, taken private by MAM and Aware for $3.5 billion in 2021. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport

September 2024

TPG chief executive Iñaki Berroeta is heading towards the climax of his two-year-long strategic review.

Vocus owners sign up co-investor in $6b-plus tilt for TPG’s fibre

TPG is within days of announcing the winner of the auction which stemmed out of a strategic review ordered nearly two years ago, the sources added.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Telco companies don’t want to pay fees to add antennas to existing mobile phone towers.

Telco groups protest state ‘profiteering’ from antennas

Telecommunications companies are pushing NSW to scrap fees for adding antennas and other equipment to mobile towers on Crown land.

  • Jenny Wiggins
TPG Telecom boss Inaki Berroeta needs to add at least another 100,000 customers to make the regional sharing deal break even.

Vodafone gets a start in the bush, now to make it work

Vodafone’s never been able to justify going to the bush. It needs at least 100,000 more customers to make its new deal work.

  • Anthony Macdonald
Communications tower, Australia

TPG Telecom, Optus network-sharing deal gets ACCC approval

TPG Telecom will market its mobile phone services to more Australians after the competition regulator said it could share networks with Optus in regional areas.

  • Jenny Wiggins

August 2024

TPG Telecom chief executive Inaki Berroeta.

TPG Telecom cuts 120 jobs as interim profits slide

The telco group, which is carrying more than $4 billion in debt, says it needs to keep reducing its expenses.

  • Jenny Wiggins
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Telephone companies are gearing up for a battle over what kinds of technology can be used to replace traditional fixed phone lines

Telcos gear up for tech showdown

Australia’s biggest telcos are battling for taxpayer dollars in the debate over replacing ageing copper wires.

  • Jenny Wiggins
TPG Telecom boss Inaki Berroeta has dusted off talks with private capital backed rival Vocus Group.

Vocus revives $6.3b dream to buy TPG’s fibre network

But sources said discussions between the ASX-listed telecommunications group and its Macquarie and Aware Super-owned rival were at a very early stage.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

July 2024

Former TPG Telecom email customers to be slugged up to $95 annually

Accounts with iiNet, Internode and Westnet addresses will start paying a yearly fee from September after they were transferred to a Norwegian-owned company.

  • Jenny Wiggins
Phillip Britt is the chief executive of Aussie Broadband. He wants to capture more of the broadband market with cheaper products.

Aussie Broadband discount offshoot Buddy chases lost customers

Aussie Broadband is hoping to win back some of the customers lost to rival Superloop with a new, cheap internet brand, Buddy Telco.

  • Jenny Wiggins

May 2024

Optus is still focused on rebuilding its trust with customers, according to Venter, after last November’s outage, which lasted nearly 16 hours, affected some 10 million people and led to the resignation of then-CEO Kelly Bayer Rosmarin.

Optus raises monthly mobile plan prices by 5-6pc

Optus has quietly raised prices of its cheapest and most popular monthly mobile phone plans for new customers above the rate of inflation, blaming higher costs.

  • Jenny Wiggins

Original URL: https://www.afr.com/company/tpm-1ka