TPG Telecom Limited
(ASX:TPM) has boosted its full year results by 16 per cent aided largely by an increase in broadband subscribers and an expansion of its domestic fibre network PIPE.
The telecommunications company generated a net profit of $91 million compared to $78.2 million the year before and declared a final fully franked dividend of 2.75 cents per share.
TPG says free cashflow enabled it to repay debt and fund the acquisition of an established cloud business.