Original article by Max Mason
The Australian Financial Review – Page: 13/18 : 21-Sep-16

TPG Telecom has posted a 2015-16 net profit of $A384.6m, which is 71.6 per cent higher than previously. TPG anticipates that its underlying EBITDA for 2016-17 will be $A820m to $A830m, and capital expenditure will be between $A370m and $A420m. CFO Craig Levy has warned that the price ISPs pay for wholesale services from NBN Co are too high and will have to fall as more customers migrate to the national broadband network. TPG shares closed 21.4 per cent lower at $A9.28 on 20 September 2016.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, NBN CO LIMITED, IINET LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, OPHIR ASSET MANAGEMENT PTY LTD