TPG Telecom Limited

TPG Telecom Limited, formerly Vodafone Hutchison Australia Pty Limited and renamed following the merger with TPG, is an Australian mobile telecommunications company and Internet service provider. It has operated under names including Vodafone, Vodafone Australia and Vodafone Hutchison Australia, in addition to the various brands inherited from TPG. Vodafone Hutchison was the result of a 2009 merger between Vodafone Australia and Hutchison 3G Australia, it has A$3.5 billion in annual revenue and a 19 percent market share.[3] It also offers fixed-line and wire broadband services via the National Broadband Network. TPG Telecom is the third-largest wireless carrier in Australia, with 5.8 million subscribers as of 2020.[4]

TPG Telecom Limited
TypePublic company
ASX: TPG
IndustryTelecommunications
Founded13 July 2020 (2020-07-13)
Headquarters177 Pacific Hwy, North Sydney, New South Wales, Australia, 2060
Key people
Iñaki Berroeta (CEO)
David Teoh (Chairman)
ProductsPrepaid and postpaid mobile phones, fixed-line and wireless broadband
Brands
Revenue
  • A$3.481 billion (2017)[1]
  • A$978.1 million (2017)[1]
Owner
Number of employees
2,500 (2018)[2]
Websitewww.tpgtelecom.com.au

TPG Telecom Limited owns and operates its own internet and data network infrastructure,[5] carrier-grade voice, with a network capability that is able to perform across any all types of organizations.

History

TPG Telecom Limited was previously known as Vodafone Hutchison Limited - Australia.[6] On 30 June 2020, it received a listing on the ASX – Australian Securities Exchange. The newly ASX-listed company merged then officially merged with TPG Corporation, previously known TPG Telecom on 13 July 2020.[7]

In August 2018, VHA and TPG announced their intention to merge. Initially rejected by the ACCC, the plan was given permission to proceed via a February 2020 Federal Court of Australia ruling.[8][9][10][11][12] Effective 29 June 2020, Vodafone Hutchison Australia Pty Limited was renamed TPG Telecom Limited (ABN 76 096 304 620).

Important aspects of TPG Telecom limited:

• It boosts a 27,000+-kilometer inter-capital and metropolitan fiber network and is also the second-largest data and fixed-voice network in Australia.[13]

• TPG Telecom limited has an international system of connecting subsea cables to major hubs in Asia and North America from Australia.[14]

• It has a strong 4G network covering more than 22 million customers in over 5,600 sites. Additionally, a 5G network roll-out is currently underway.[15]

Merger announcement

A merger of equals between TPG Telecom and Vodafone Corporation was officially announced on 30 August 2018.[16]

The combination of these assets aims to expand TPG Telecom market share in Australia.[15]

Brands

Several internet and mobile brands are operated by TPG Telecom Limited including TPG, Vodafone, iiNet, Internode, AAPT, and Lebara.

References
  1. "Vodafone's performance for 2017". Media Centre - Vodafone Australia.
  2. "Information about Vodafone". Vodafone Australia.
  3. "Competition watchdog to look into TPG's newly announced $15b merger with Vodafone". ABC News. 30 August 2018. Retrieved 5 September 2018.
  4. Duckett, Chris. "Vodafone Australia and TPG merger: Everything you need to know". ZDNet. Retrieved 25 September 2020.
  5. Samios, Zoe (30 June 2020). "New-look TPG Telecom to prioritise mobile performance". The Sydney Morning Herald. Retrieved 10 August 2020.
  6. "About Vodafone Australia". Vodafone Australia. Retrieved 10 August 2020.
  7. "Share Price & Information - ASX". www.asx.com.au. Retrieved 10 August 2020.
  8. Duke, Jennifer (29 August 2018). "Vodafone, TPG to become $15b telco giant to disrupt Optus and Telstra". The Sydney Morning Herald. Fairfax Media. Retrieved 30 August 2018.
  9. Reichert, Corinne. "TPG and Vodafone Australia to merge into AU$15b telco named TPG | ZDNet". ZDNet. Retrieved 2 September 2018.
  10. "Concerns about proposed merger between TPG and Vodafone". Australian Competition & Consumer Commission.
  11. Letts, business reporter Stephen (8 May 2019). "TPG share price crashes as ACCC blocks Vodafone merger". ABC News. Retrieved 19 May 2019.
  12. Danckert, Sarah (12 February 2020). "Court clears way for $15b Vodafone-TPG merger". The Sydney Morning Herald. Retrieved 13 February 2020.
  13. Pash, Chris (30 August 2018). "Here's how the TPG-Vodafone merger stacks up against Telstra". Business Insider Australia. Retrieved 10 August 2020.
  14. Harpur, Phil. "TPG Telecom Limited - BuddeComm". www.budde.com.au. Retrieved 10 August 2020.
  15. "How the new-look TPG could transform the mobile market". Australian Financial Review. 5 July 2020. Retrieved 10 August 2020.
  16. "PROPOSED MERGER OF EQUALS BETWEEN TPG TELECOM LIMITED AND VODAFONE HUTCHISON AUSTRALIA TO CREATE AUSTRALIA'S LEADING CHALLENGER TELECOMMUNICATIONS OPERATOR" (PDF).
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