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General

TPG Telecom to explore towers sale as H1 underlying revenue, EBITDA fall 3%

Friday 20 August 2021 | 08:59 CET | News
Australia's TPG Telecom reported revenues for its fiscal first half to June up 71 percent year-on-year to AUD 2.63 billion and reported EBITDA increased by 67 percent to AUD 886 million. The growth was driven by the merger with Vodafone, which the company said was on track for integration. On a pro forma basis, revenues and EBITDA were both down 3 percent, amid pressure from the Covid-19 crisis, NBN migration and broadband levies. 

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Categories: General
Companies: iiNet / TPG / Vodafone
Countries: Australia
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