TPG Telecom Limited
TPG Telecom Limited provides telecoms and multimedia services in the Australian marketplace. In August 2015 TPG acquired local ISP iiNet. TPG is now Australias second-biggest provider of fixed-line broadband in Australia with over 1.7 million customers. Services including voice, internet and data solutions are provided to a customer base ranging from the consumer market through to small and medium enterprises, corporate and government sectors. The company also owns a cloud-hosting company and the PIPE network infrastructure that includes the third largest domestic dark-fibre operation and the submarine cable network to Guam, Asia and the United States.
The company is delivering an extensive FttB service to apartment buildings in capital cities, offering broadband at 100Mb/s at a price which undercuts existing offers from rival ISPs. In late 2014 these plans were approved by the ACCC, which determined that the FttB networks would not go against the level playing field provisions within the Telecommunications Act. TPG has also secured spectrum in the 2.5GHz band to bolster its wireless broadband capabilities, and has committed to investing in additional capacity on the subsea cable linking to New Zealand and the US West Coast.
The company has the largest data network and voice network after Telstra, the largest fully converged voice, video and data IP-based access network in regional Australia, and the largest voice-enabled IP network. The company's capabilities and reach were enhanced following its $450 million acquisition of AAPT's wholesale and business services from Telecom New Zealand, completed in February 2014.
In mid 2015 TPG created a new retail arm to sell its wholesale fibre-to-the-basement product to residential customers.
This report provides an overview and assessment of TPG's operational and financial performance, together with an analysis of company strategies.
TPG increases capacity on international cables, continues with its fibre strategy, secures approval from ACCC to provide FttB services though with potential for equal access regulations, provides wholesale access to its fibre network in capital cities; acquisition of AAPT completed; financial and operating data for 2015; creates a new retail arm. Acquisition of TPG