TPG Telecom Limited (ASX:TPM) expects to achieve pre tax earnings between $263 and $273 million in the current financial year.
The Network Service Provider says its fiscal 2013 results to date are tracking well to budget and are on course to improve on last year’s pre tax result of $261 million.
Strong results continue to be driven by mobile subscriber growth, super value mobile plans and ADSL home phone bundles, which have surpassed 220 thousand customers since their 2010 launch.
TPG also reported it reduced its group debt balance by $85 million to $149 million during the previous financial year.
TPG Telecom generated a net profit of $91 million for the 2012 financial year.
