INTERNET SERVICE PROVIDERS – AUSTRALIA

ACCC caps pricing for NBN competitors

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 18 : 10-Jan-17

The competition regulator has released a draft decision on the prices that retail broadband ISPs can charge wholesale customer for using their networks. The Australian Competition & Consumer Commission (ACCC) has capped the aggregation charge at $A15.25 per megabit per second per month. ACCC chairman Rod Sims said the wholesale prices are likely to fall over time to reflect growth in traffic in superfast broadband.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, TELSTRA CORPORATION LIMITED – ASX TLS, TPG TELECOM LIMITED – ASX TPM, VOCUS COMMUNICATIONS LIMITED – ASX VOC, NBN CO LIMITED

Mobile and corporate sales to help TPG beat margin squeeze

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 13 & 18 : 8-Dec-16

TPG Telecom executive chairman David Teoh told shareholders at the company’s AGM on 7 December 2016 that the long-term prospects for the group are very good. TPG is in the process of entering the mobile telephony market in Singapore. Teoh spoke about the benefits of a transition from the digital subscriber line service to the fibre to the building internet broadband connection in Australia, as the latter is more profitable.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, NBN CO LIMITED, SINGTEL OPTUS PTY LTD

TPG Telecom set to launch Fetch TV

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 29 : 26-Sep-16

TPG Telecom will join a number of other telcos – including its own iiNet subsidiary – in offering Fetch TV to its broadband customers. TPG CEO David Teoh says the pay-TV service will be available in coming months. TPG boasts 885,000 broadband customers, while iiNet has 983,000 broadband customers. There is a growing trend for telcos to bundle products such as broadband, pay-TV and telephone services as part of their strategy to retain customers.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, FETCHTV PTY LTD, IINET LIMITED, DODO AUSTRALIA PTY LTD, M2 GROUP LIMITED, IPRIMUS, VOCUS COMMUNICATIONS LIMITED – ASX VOC, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS, ASTRO MALAYSIA, AT&T CORPORATION, DIRECTV INCORPORATED, SKY NETWORK TELEVISION LIMITED – ASX SKT, VODAFONE NEW ZEALAND LIMITED, SKY PLC, 21ST CENTURY FOX INCORPORATED, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, AUSTRALIAN RUGBY FOOTBALL UNION, CRICKET AUSTRALIA, FOX SPORTS AUSTRALIA PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Teoh focused on TPG future despite hurdles

roymorgansocial Leave a comment

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

Amaysim fixed broadband will hit TPG Telecom hardest

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Sep-16

A Roy Morgan Single Source survey shows that 26 per cent of Australians aged 14+ who have a mobile phone with Amaysim – which plans to launch fixed broadband plans by the end of 2016 – do not have fixed broadband in the home. The survey, which was carried out in the six months to August, also shows that Amaysim customers are over 50 per cent more likely than average to have fixed broadband with one of TPG Telecom’s brands, including 11 per cent with TPG itself and 12 per cent with an iiNet Group brand. Meanwhile, 19 per cent of Amaysim customers have Telstra fixed broadband and 13 per cent are with Optus.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AMAYSIM AUSTRALIA LIMITED – ASX AYS, TPG TELECOM LIMITED – ASX TPM, IINET LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, VOCUS COMMUNICATIONS LIMITED – ASX VOC, DODO AUSTRALIA PTY LTD, IPRIMUS

Vocus and M2 merger to create $3b titan

roymorgansocial Leave a comment

Original article by David Ramli
The Australian Financial Review – Page: 15 & 20 : 29-Sep-15

Geoff Horth will become CEO of the merged M2 Group and Vocus Communications, which will rank as the fourth-biggest telco in Australia and the third-largest in New Zealand. Horth is currently CEO of M2, whose board has endorsed the $A3bn merger proposal. M2 owns the Dodo and iPrimus brands, which may allow Vocus to revive its plan to build its own fibre-to-basement service for apartment buildings. The merger is subject to approval by the Australian Competition & Consumer Commission.

CORPORATES
M2 GROUP LIMITED – ASX MTU, VOCUS COMMUNICATIONS LIMITED – ASX VOC, DODO INTERNET PTY LTD, IPRIMUS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, TPG TELECOM LIMITED – ASX TPM, NBN CO LIMITED, IINET LIMITED – ASX IIN, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, COMMANDER COMMUNICATIONS LIMITED, AAPT LIMITED, CLSA AUSTRALIA PTY LTD

NBN rival TPG Telecom not backing down

roymorgansocial Leave a comment

Original article by David Ramli
The Australian Financial Review – Page: 13 & 18 : 23-Sep-15

Australian-listed TPG Telecom has posted 2014-15 EBITDA of $A484.5m, which is 33 per cent higher than usual. Revenue rose by 31 per cent in the year to 31 July 2015, to $A1.27bn, while net profit also grew by 31 per cent. Meanwhile, executive chairman David Teoh says the group will keep rolling out its fibre-to-the-basement network to apartment buildings, and it may market the service under its TPG and iiNet brands. TPG intends to discontinue some of its smaller ISP brands.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, NBN CO LIMITED, INTERNODE SYSTEMS PTY LTD, WESTNET PTY LTD, NETSPACE, ADAM INTERNET PTY LTD, TRANSACT (AUSTRALIA) PTY LTD, MACQUARIE WEALTH MANAGEMENT, NEXTGEN PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, M2 GROUP LIMITED – ASX MTU, WASHINGTON H SOUL PATTINSON AND COMPANY LIMITED – ASX SOL

Teoh works his magic quietly

roymorgansocial Leave a comment

Original article by Anne Hyland
The Australian Financial Review – Page: 17 : 22-Sep-15

Australian-listed TPG Telecom is tipped to post 2014-15 earnings of around $A250m, compared with $A192m previously. TPG was founded by David Teoh and his wife Vicky, who hold a 37 per cent stake in the telco and ISP which started out as a single computer hardware store in Sydney and now boasts a market capitalisation of $A8.3bn. TPG has grown via mergers acquisitions in recent years, including SP Telemedia, Pipe Networks, AAPT and iiNet. However, Teoh maintains a low public profile and places much value on his privacy.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, SP TELEMEDIA LIMITED, PIPE NETWORKS LIMITED, AAPT LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, WASHINGTON H SOUL PATTINSON AND COMPANY LIMITED – ASX SOL, WIN CORPORATION PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

NBN must find $26.5b to fund cost increases

roymorgansocial Leave a comment

Original article by David Ramli
The Australian Financial Review – Page: 3 : 25-Aug-15

NBN has revealed a 36.6 per cent blowout in costs to $A56 billion, up from the $A41 billion previously forecast for the national broadband rollout. As the government’s funding cap of $A29.5 billion has not increased, NBN will have to raise up to $A26.5 billion from other sources.

CORPORATES
NBN CO LIMITED, M2 GROUP LIMITED – ASX MTU, DODO AUSTRALIA PTY LTD, PRIMUS AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIAN LABOR PARTY, FOXTEL MANAGEMENT PTY LTD

iiNet founder Malone yields to TPG Telecom

roymorgansocial Leave a comment

Original article by Tess Ingram, David Ramli
The Australian Financial Review – Page: 13 & 18 : 28-Jul-15

Some 95 per cent of votes cast at a meeting of iiNet shareholders on 27 July 2015 were in favour of TPG Telecom’s $A1.56bn takeover bid. Michael Malone says the suitor is paying a good price for the ISP he founded in 1993. Malone had rejected TPG’s first cash-only bid, and says iiNet directors had done well to gain a better deal for shareholders. The takeover will make TPG the second-largest broadband provider in Australia, with about 1.7 million customers.

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, M2 GROUP LIMITED – ASX MTU, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, MERLON CAPITAL PARTNERS PTY LTD, DEUTSCHE BANK AG