TPG Telecom
{{short description|Australian Telecommunications Company}}
{{distinguish|TPG (ISP)|Vodafone Australia|TPG Inc.}}
{{Use dmy dates|date=September 2020}}
{{Use Australian English|date=August 2011}}
{{Infobox company
| name = TPG Telecom Limited
| logo = TPG Telecom 2020 logo.png
| type = Public
| traded_as = {{ASX|TPG}}
| foundation = {{Start date and age|2009}}
| predecessors = {{bulleted list|AAPT|Hutchison Telecommunications|SP Telecom|Total Peripherals Group|Vodafone Hutchinson Australia|Vodafone Australia}}
| former_name = Total Peripherals Group
| hq_location = Level 27, Tower Two, International Towers Sydney, 200 Barangaroo Avenue
| hq_location_city = Barangaroo, New South Wales
| hq_location_country = Australia
| key_people = {{ubl|Iñaki Berroeta (CEO)|Canning Fok (chairman)}}
| industry = Telecommunications
| products = Prepaid and postpaid mobile phones, fixed-line and wireless broadband
| brands = {{Unbulleted list|TPG|iiNet|Internode|Vodafone Australia|Lebara|AAPT|Felix Mobile}}
| revenue = {{Unbulleted list|{{increase}} A$5.3 billion (2021){{cite web|url=https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02346204-2A1283024?access_token=83ff96335c2d45a094df02a206a39ff4|title=TPG Telecom Results Presentation for the year ended 31 December 2020}}}}
| profit = {{Unbulleted list|{{increase}} A$734 million (2020)}}
| num_employees = 6,000 (2022){{cite web |url=https://www.tpgtelecom.com.au/sites/default/files/asx-announcements/TPG%20Telecom%20-%20FY20%20Results%20Appendix%204E%20-%20for%20release%20to%20ASX.pdf |title=TPG Telecom Limited Results for Year Ended 31 December 2020 – Appendix 4E}}
| homepage = {{URL|https://www.tpgtelecom.com.au/}}
}}
TPG Telecom Limited, formerly Vodafone Hutchison Australia and renamed following a merger with TPG, is an Australian telecommunications company. It is the second-largest telecommunications company listed on the Australian Securities Exchange. TPG Telecom is the third-largest wireless carrier in Australia, with 5.8 million subscribers as of 2020.{{Cite web|last=Duckett|first=Chris|title=Vodafone Australia and TPG merger: Everything you need to know|url=https://www.zdnet.com/article/vodafone-australia-and-tpg-merger-everything-you-need-to-know/|access-date=2020-09-25|website=ZDNet|language=en}}
TPG Telecom is the parent company of several Australian internet retail brands including Vodafone, TPG, iiNet, AAPT, Internode, Lebara and felix. TPG Telecom owns and operates nationwide fixed and mobile network infrastructure, including Australia's second-largest fixed voice and data network, with more than 27,000 kilometres of metropolitan and inter-capital fibre and a mobile network comprising more than 5,600 sites and covering over 23 million Australians.
History
TPG Telecom was previously known as Vodafone Hutchison Australia (VHA).{{Cite web |last=Duckett |first=Chris |date=2020-06-24 |title=Vodafone Hutchison Australia to become TPG Telecom on Monday |url=https://www.zdnet.com/article/vodafone-hutchison-australia-to-become-tpg-telecom-on-monday/ |access-date=2022-03-24 |website=ZDNet |language=en}} VHA was majority owned by Hutchison Telecommunications (Australia), a listed company of CK Hutchison Holdings group{{Cite web |url=http://www.hutchison.com.au/ |title=Hutchison Telecoms}} and Vodafone. Vodafone Hutchison Australia was formed by a merger of Vodafone Australia and Hutchison Australia's 3 in 2009.{{cite news|url=https://www.news.com.au/news/vodafone-hutchinson-complete-merger/news-story/28e5a6aa031dfbf33d82a0455ad5e9d9|title=Vodafone, Hutchinson[sic] complete merger|date=16 August 2009|access-date=17 February 2021|website=news.com.au}} VHA started to phase out the 3 brand in 2011.{{cite news|url=https://www.itnews.com.au/news/vodafone-moves-on-3s-demise-268679|title=Vodafone moves on 3's demise|date=31 August 2011|access-date=17 February 2021|website=itnews.com.au}}
On 30 June 2020, VHA received a listing on the Australian Securities Exchange. The newly listed company then merged with TPG Corporation, previously known as TPG Telecom on 13 July 2020.{{Cite web|title=TPG Share Price & Information|website=ASX|url=https://www.asx.com.au/asx/share-price-research/company/TPG/details|access-date=2020-08-10}}
A merger of TPG and Vodafone Hutchison Australia was officially announced on 30 August 2018.{{Cite web |title=PROPOSED MERGER OF EQUALS BETWEEN TPG TELECOM LIMITED AND VODAFONE HUTCHISON AUSTRALIA TO CREATE AUSTRALIA'S LEADING CHALLENGER TELECOMMUNICATIONS OPERATOR |url=https://www.tpg.com.au/about/pdfs/TPG%20and%20VHA%20Merger%20of%20Equals%20-%20ASX%20Announcement%20&%20Scheme%20Implementation%20Deed%2030-Aug-18.pdf}} Initially rejected by the Australian Competition & Consumer Commission (ACCC), the plan was given permission to proceed via a February 2020 Federal Court of Australia ruling.{{cite web|last1=Duke|first1=Jennifer|date=29 August 2018|title=Vodafone, TPG to become $15b telco giant to disrupt Optus and Telstra|url=https://www.smh.com.au/business/companies/vodafone-tpg-to-become-15b-telco-giant-20180830-p500ml.html|access-date=30 August 2018|website=Sydney Morning Herald|publisher=Fairfax Media}}{{Cite news|last=Reichert|first=Corinne|title=TPG and Vodafone Australia to merge into AU$15b telco named TPG|work=ZDNet|url=https://www.zdnet.com/article/tpg-and-vodafone-australia-to-merge-into-au15b-telco-named-tpg/|access-date=2018-09-02}}{{cite web|title=Concerns about proposed merger between TPG and Vodafone|date=13 December 2018|publisher=Australian Competition & Consumer Commission|url=https://www.accc.gov.au/media-release/concerns-about-proposed-merger-between-tpg-and-vodafone}}{{Cite web|last=Letts|first=Stephen|date=2019-05-08|title=TPG share price crashes as ACCC blocks Vodafone merger|url=https://www.abc.net.au/news/2019-05-08/accc-vodafone-tpg-decision/11090578|access-date=2019-05-19|website=ABC News}}{{Cite web|last=Danckert|first=Sarah|date=2020-02-12|title=Court clears way for $15b Vodafone-TPG merger|url=https://www.smh.com.au/business/companies/court-clears-15b-vodafone-tpg-merger-20200212-p5406l.html|access-date=2020-02-13|website=The Sydney Morning Herald}}
TPG Telecom has 27,000+-kilometre inter-capital and metropolitan fibre network and is also the second-largest data and fixed-voice network in Australia.{{Cite web|last=Pash|first=Chris|date=2018-08-30|title=Here's how the TPG-Vodafone merger stacks up against Telstra|url=https://www.businessinsider.com.au/tpg-vodafone-merger-compete-telstra-optus-2018-8|archive-url=https://web.archive.org/web/20180830035532/https://www.businessinsider.com.au/tpg-vodafone-merger-compete-telstra-optus-2018-8|url-status=dead|archive-date=30 August 2018|access-date=2020-08-10|website=Business Insider Australia}} It has an international system of connecting subsea cables to major hubs in Asia and North America from Australia.{{Cite web|last=Harpur|first=Phil|title=TPG Telecom Limited|website=BuddeComm|url=https://www.budde.com.au/Research/TPG-Telecom-Limited|access-date=2020-08-10}}
TPG has a 4G network covering more than 23 million customers in over 5,600 sites. A 5G network roll-out is currently underway.{{Cite web|date=2020-07-05|title=How the new-look TPG could transform the mobile market|url=https://www.afr.com/companies/telecommunications/how-the-new-look-tpg-could-transform-the-mobile-market-20200703-p558nh|access-date=2020-08-10|website=Australian Financial Review}}
= Network Sharing Proposal =
On 21 February 2022, TPG Telecom announced a proposed network sharing (MOCN) deal with Telstra, which would see TPG gain access to approximately 3,700 Telstra mobile base stations in regional Australia, and Telstra being authorised to use TPG's mobile spectrum in these regional areas. Under the deal, 725 of TPG's mobile sites would be decommissioned, and another 169 of their sites would be used to deploy Telstra infrastructure.{{Cite web |title=TPG, Telstra to share mobile network and spectrum for decades |url=https://www.itnews.com.au/news/tpg-telstra-to-share-mobile-network-and-spectrum-for-decades-576301 |access-date=2022-10-22 |website=iTnews}} The deal was described as being mutually beneficial for both TPG, who would see an increase in mobile coverage area, and Telstra, who would gain access to more spectrum to relieve congestion on their network. The deal was strongly opposed by their market competitor Optus, who argued that the approval of the deal would cement Telstra's position as the monopoly mobile operator in regional areas, stifle competition, and increase prices.{{Cite web |date=2022-09-30 |title=The ACCC Isn't Satisfied With the Telstra-TPG Regional Network Sharing Deal Just Yet |url=https://www.gizmodo.com.au/2022/09/telstra-tpg-regional-australia/ |access-date=2022-10-22 |website=Gizmodo Australia |language=en-AU}}
In December 2022, the ACCC denied the network sharing proposal, based on its impact on market competition.{{Cite web|date=2023-06-21 |title=Australian Competition Tribunal denies authorisation for Telstra and TPG regional network deal |url=https://www.accc.gov.au/media-release/australian-competition-tribunal-denies-authorisation-for-telstra-and-tpg-regional-network-deal |access-date=2023-07-10 |website=Australian Competition & Consumer Commission|language=English}} The decision was appealed by Telstra and TPG, but the ACCC's decision was reaffirmed in mid-2023. The two parties stated they would consider their options including further appeals.{{Cite web |last=Kelly |first=Zachariah |date=2023-06-21 |title=The Australian Competition Tribunal Shoots Down the Telstra-TPG Network Sharing Deal |url=https://gizmodo.com.au/2023/06/telstra-tpg-regional-australia/ |access-date=2023-07-10 |website=Gizmodo Australia |language=en-AU}}
Some public commentary suggested it would be unprofitable for Optus to invest in regional internet infrastructure even without Telstra and TPG utilising market power.{{Cite web |last=Wingerei |first=Kim |date=2023-06-25 |title=Competition Tribunal confirms ACCC folly on Telstra and TPG deal - what's the scam? |url=https://michaelwest.com.au/competition-tribunal-comfirms-accc-folly-on-telstra-and-tpg-deal-whats-the-scam/ |access-date=2023-07-10 |website=Michael West |language=en-US}}
Brands
References
{{Reflist}}
External links
- {{Official website|www.tpgtelecom.com.au/}}
{{Australian mobile phone companies}}
{{Internet service providers of Australia}}
{{Major telecommunications companies}}
{{S&P/ASX 200}}
Category:CK Hutchison Holdings
Category:Mobile phone companies of Australia
Category:Internet service providers of Australia
Category:Companies based in Sydney
Category:Australian subsidiaries of foreign companies
Category:Companies listed on the Australian Securities Exchange