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TPG - News, Features, and Slideshows
TPG will roll out 4000km of new fibre to more than 3000 Vodafone Australia mobile sites under a deal unveiled this morning by the companies.
TPG has reported net profit after tax of $221.4 million on revenue of $1.27 billion for the year ended 31 July.
TPG delivered the fastest average broadband speeds to Australian Netflix subscribers in August.
The Federal Court today signed off on TPG's takeover of iiNet.
Australia's competition regulator will not oppose TPG's acquisition of iiNet.
In July, customers of ISP iiNet enjoyed the fastest average speeds in Australia when viewing Netflix content, according to the updated ranking released by the video-streaming goliath.
Only Australian Competition and Consumer Commission approval remains as a barrier to TPG's acquisition of iiNet, after iiNet shareholders today voted in favour of the deal.
iiNet has been placed in a trading halt ahead of a vote this morning on the ASX-listed Internet service provider's acquisition by TPG.
iiNet shareholders have moved to snap up an offer of TPG shares ahead of a vote on whether to accept TPG's acquisition offer for the ISP.
A number of telcos have endorsed the Australian Competition and Consumer Commission moving to regulate non-NBN super-fast broadband networks that target residential end users.
A meeting of iiNet shareholders will vote next month on whether to accept TPG’s takeover bid, after a Federal Court hearing on Friday afternoon.
Vocus Communications (ASX: VOC) and Amcom (ASX: AMM) have entered a trading halt as Amcom shareholders prepare to vote about a proposed merger between the two companies.
The Australian Competition and Consumer Commission is investigating whether TPG's move to acquire iiNet will decrease competition in the retail broadband market.
Telstra may have come last in Netflix's inaugural comparison of Australian ISP speeds, but that's no surprise according to Mike Wright, the telco's group managing director of networks.
TPG has taken top spot in Netflix's inaugural comparison of the Internet speeds achieved by the streaming service's Australian customers.
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