TPG Telecom eyes targets

Company News


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. 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?