Critics want to dial down TPG Telecom
David RamliReporter
Updated
Low-cost telco TPG Telecom is on a killer run, with its share price up 26 per cent over the past 12 months. Its market capitalisation of $9.7 billion makes it bigger than Qantas, Coca Cola Amatil or Fortescue Metals Group.
Investors who spent $20,000 in TPG shares five years ago would now have shares worth almost $145,000, thanks to a 616 per cent increase in value.
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David Ramli writes on Telecommunications specialising in NBN, Web, Politics. Based in our Sydney newsroom, David is an award winning journalist with over 5 years experience. Connect with David on Twitter.
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