After delivering a solid profit rise yesterday, TPG Telecommunications
(ASX:TPM) has tongues wagging about possible acquisition targets.
TPG raised its full year earnings forecast as it delivered a 41 per cent spike in profit to $78.3 million.
TPG is reportedly considering bidding in the the Federal governments multi-billion-dollar wireless spectrum auctions.
Notoriously tight lipped Executive chairman David Teoh , says TPG is “ happy” with its investments.