TPG’s Teoh pledges to keep best of iiNet

Original article by David Ramli
The Australian Financial Review – Page: 17 & 22 : 25-Mar-15

TPG Telecom has posted a 2014-15 interim net profit of $A106.7m, which is 18 per cent higher than previously. Meanwhile, executive chairman David Teoh says the group’s $A1.4bn takeover offer for iiNet is "compelling". He has responded to criticism from some iiNet shareholders by stressing that the target’s customer service will not be affected if the bid succeeds. He also says it is too early to know the extent of any job cuts at iiNet

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, TELSTRA CORPORATION LIMITED – ASX TLS

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