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TPG Telecom

#2388

Rank

$6.4B

Marketcap

AU Australia

Country

TPG Telecom
Leadership team

Mr. Iñaki Berroeta (CEO, MD & Director)

Mr. Jonathan Rutherford (Group Exec. of Enterprise & Gov.)

Mr. Grant A. Dempsey B.Com., BComm (Chief Financial Officer)

Products/ Services
Internet, Mobile, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Sydney, New South Wales, Australia
Established
1986
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TPG.AX
Social Media
Overview
Location
Summary
TPG Telecom Limited provides telecommunications to consumers, business, enterprise, government and wholesale customers services. The company owns and operates fixed and mobile network infrastructure, including fixed voice and data network with approximately 28,000 kilometers of metropolitan and inter-capital fiber networks; and 7,000 submarine cable systems; and fiber internet, enterprise ethernet, cloud, SD-WAN, mobility, internet of things, and answering and messaging services. It provides its fixed and mobile products under the Vodafone, TPG, iiNet, Internode, Lebara, and AAPT brands. The company was formerly known as Vodafone Hutchison Australia Limited and changed its name to TPG Telecom Limited in June 2020.TPG Telecom Limited was founded in 1993 and is based in North Sydney, Australia.
History

TPG Telecom was previously known as Vodafone Hutchison Australia . VHA was majority owned by Hutchison Telecommunications , a listed company of CK Hutchison Holdings group and Vodafone. Vodafone Hutchison Australia was formed by a merger of Vodafone Australia and Hutchison Australia's 3 in 2009. VHA started to phase out the 3 brand in 2011.On 30 June 2020, VHA received a listing on the Australian Securities Exchange. The newly listed company then merged with TPG Corporation, previously known as TPG Telecom on 13 July 2020.In August 2018, VHA and TPG announced their intention to merge. Initially rejected by the Australian Competition & Consumer Commission, the plan was given permission to proceed via a February 2020 Federal Court of Australia ruling.TPG Telecom has 27,000+-kilometre inter-capital and metropolitan fibre network and is also the second-largest data and fixed-voice network in Australia. It has an international system of connecting subsea cables to major hubs in Asia and North America from Australia. It also has a strong 4G network covering more than 23 million customers in over 5,600 sites. Additionally, a 5G network roll-out is currently underway.

Merger announcement

A merger of TPG and Vodafone Hutchison Australia was officially announced on 30 August 2018.

Network Sharing Proposal

On 21 February 2022, TPG Telecom announced a proposed network sharing deal with Telstra, which would see TPG gain access to approximately 3,700 Telstra mobile base stations in regional Australia, and Telstra being authorised to use TPG's mobile spectrum in these regional areas. Under the deal, pending approval by the ACCC, 725 of TPG's mobile sites would be decommissioned, and another 169 of their sites would be used to deploy Telstra infrastructure. The deal is described as being mutually beneficial for both TPG, who would see an increase in mobile coverage area, and Telstra, who would gain access to more spectrum to relieve congestion on their network. The deal has been strongly opposed by their market competitor Optus, who argue that the approval of the deal would cement Telstra's position as the monopoly mobile operator in regional areas, stifle competition, and increase prices.

Mission
TPG's mission is to provide Australians with a reliable and affordable telecommunications and IT services that make life better, easier and more enjoyable.
Vision
TPG's vision is to build a future where everyone can experience the power of connection, no matter where they are.
Key Team

Mr. Giovanni Chiarelli (Chief Technology Officer)

Mr. Trent Ashley Clinton Czinner (Company Sec. and Group Exec. of Legal & External Affairs)

Jen Zemek (Head of Corp. Affairs)

Mr. Kieren Cooney (Group Exec. of Consumer)

Bruce Song (Investor Relations Mang.)

Recognition and Awards
TPG has won numerous awards for its customer service, including being ranked first in customer service satisfaction in 2018 and 2019 by the Australian Telecommunications Industry Ombudsman.
References
TPG Telecom
Leadership team

Mr. Iñaki Berroeta (CEO, MD & Director)

Mr. Jonathan Rutherford (Group Exec. of Enterprise & Gov.)

Mr. Grant A. Dempsey B.Com., BComm (Chief Financial Officer)

Products/ Services
Internet, Mobile, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Sydney, New South Wales, Australia
Established
1986
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TPG.AX
Social Media