First half revenue ($m) v pro forma 2630.0, down 3pc
EBITDA ($m) 886.0, down 3.5pc
Net profit ($m) 76.0, down 46pc
Interim dividend (¢) 8 v nil
Date dividend payable: October 13
TPG Telecom has launched a review of its mobile tower network with an eye towards possibly hiving off the infrastructure to outside investors, much like Telstra’s $2.8 billion TowerCo sale earlier this year.
Chief executive Iñaki Berroeta said the review was not a decision to sell the assets, but rather a process to explore the future of the tower network and test market interest before moving to monetise the network.
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
