TPG Telecom

Last updated

TPG Telecom Limited
Formerly Total Peripherals Group
Company type Public
ASX:  TPG
Industry Telecommunications
Predecessors
Founded2009;15 years ago (2009)
HeadquartersLevel 27, Tower Two, International Towers Sydney, 200 Barangaroo Avenue,
Barangaroo, New South Wales
,
Australia
Key people
Products Prepaid and postpaid mobile phones, fixed-line and wireless broadband
Brands
Revenue
  • Increase2.svg A$5.3 billion (2021) [1]
  • Increase2.svg A$734 million (2020) [1]
Number of employees
6,000 (2022) [2]
Website www.tpgtelecom.com.au

TPG Telecom Limited, formerly Vodafone Hutchison Australia and renamed following the 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. [3]

Contents

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). [4] VHA was majority owned by Hutchison Telecommunications (Australia), a listed company of CK Hutchison Holdings group [5] and Vodafone. Vodafone Hutchison Australia was formed by a merger of Vodafone Australia and Hutchison Australia's 3 in 2009. [6] VHA started to phase out the 3 brand in 2011. [7]

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. [8]

A merger of TPG and Vodafone Hutchison Australia was officially announced on 30 August 2018. [9] 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. [10] [11] [12] [13] [14]

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. [15] It has an international system of connecting subsea cables to major hubs in Asia and North America from Australia. [16]

TPG has a 4G network covering more than 23 million customers in over 5,600 sites. A 5G network roll-out is currently underway. [17]

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. [18] 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. [19]

In December 2022, the ACCC denied the network sharing proposal, based on its impact on market competition. [20] 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. [21]

Some public commentary suggested it would be unprofitable for Optus to invest in regional internet infrastructure even without Telstra and TPG utilising market power. [22]

Brands

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

Related Research Articles

<span class="mw-page-title-main">Telstra</span> Australian telecommunications company

Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets related products and services. It is a member of the S&P/ASX 20 stock index, and is Australia's largest telecommunications company by market share.

<span class="mw-page-title-main">Telecommunications in Australia</span>

Telecommunications in Australia refers to communication in Australia through electronic means, using devices such as telephone, television, radio or computer, and services such as the telephony and broadband networks. Telecommunications have always been important in Australia given the "tyranny of distance" with a dispersed population. Governments have driven telecommunication development and have a key role in its regulation.

Singtel Optus Pty Limited is an Australian telecommunications company headquartered in Macquarie Park, a suburb in the Northern Sydney region of Sydney, New South Wales, Australia. It is a wholly owned subsidiary of Singaporean telecommunications company Singtel.

<span class="mw-page-title-main">Vodafone</span> British multinational telecommunications company

Vodafone Group Plc is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania.

iiNet Australian internet service provider

iiNet Limited is an Australian internet service provider and telecommunications company that sells NBN plans, 4G and 5G Home Wireless Internet and services on its ULTRA Broadband Cable, FTTB and VDSL2 networks. It also sells mobile phone sim-only plans using the Vodafone network.

<span class="mw-page-title-main">TPG (Internet service provider)</span> Australian internet service provider

TPG is an Australian internet service provider that specialises in consumer and business internet services as well as mobile telephone services. As of August 2015, TPG is the second-largest internet service provider in Australia and is the largest mobile virtual network operator. As such, it has over 671,000 ADSL2+ subscribers, 358,000 landline subscribers and 360,000 mobile subscribers, and owns the second-largest ADSL2+ network in Australia, consisting of 391 ADSL2+ DSLAMs. It also operates in New Zealand.

<span class="mw-page-title-main">Internode (ISP)</span> Australian internet service provider

Internode Pty Ltd was an Australian Internet service provider (ISP) that provided NBN broadband services, business-class broadband access, web hosting, co-location, Voice over IP, and a variety of related services. Internode became part of TPG Telecom in July 2020. TPG initiated a closure of Internode business operations in December 2023, and began transitioning existing Internode customers to other TPG-owned brands.

AAPT is a fixed-line telecommunications company owned by TPG Telecom. It owns significant fibre and internet infrastructure in Australia. Its national network offers data, cloud, voice and internet services.

Crazy John's was a mobile phone retail chain in Australia started by Turkish Australian businessman John Ilhan. Crazy John's was the largest independent phone retailer in Australia, employing more than 400 people with more than 600 retail stores. Following his death in 2007, Ilhan's widow Patricia sold her stake in the company to Vodafone Australia, now a part of TPG Telecom. Originally a dealer of Telstra Mobile, Crazy John's became a Mobile Virtual Network Operator through the Vodafone Australia network, dealing directly with customers and offering its own competitive mobile phone deals and plans.

<span class="mw-page-title-main">Terria (consortium)</span>

Terria Access Seekers Association, formerly known as G9, was a consortium of Australian Internet service providers that in 2006 formed a consortium to bid for the right to build the proposed National Broadband Network.

Internet in Australia first became available on a permanent basis to universities in Australia in May 1989, via AARNet. Pegasus Networks was Australia's first public Internet provider in June 1989. The first commercial dial-up Internet Service Provider (ISP) appeared in capital cities soon after, and by the mid-1990s, almost the entire country had a range of choices of dial-up ISPs. Today, Internet access is available through a range of technologies, i.e. hybrid fibre coaxial cable, digital subscriber line (DSL), Integrated Services Digital Network (ISDN) and satellite Internet. In July 2009, the federal government, in partnership with the industrial sector, began rolling out a nationwide fibre-to-the-premises (FTTP) and improved fixed wireless and satellite access through the National Broadband Network. Subsequently, the roll out was downgraded to a Multi-Technology Mix on the promise of it being less expensive and with earlier completion. In October 2020, the federal government announced an upgrade by 2023 of NBN fibre-to-the-node (FTTN) services to FTTP for 2 million households, at a cost of AUD $3.5 billion.

<span class="mw-page-title-main">3 (company)</span> Global telecommunications brand

Hutchison 3G Enterprises S.A.R.L., trading as 3 (Three) and Hutchison 3G, is the owner of several originally UMTS-based mobile phone networks and broadband Internet providers, which operate in Hong Kong, Macau, Austria, Denmark, Indonesia, Ireland, Italy, Sweden, and the United Kingdom.

<span class="mw-page-title-main">NBN Co</span> Australian government-owned broadband network provider

NBN Co Limited, known as simply nbn, is a state-owned corporation of the Australian Government, tasked to design, build and operate Australia's National Broadband Network (NBN) as the nation's wholesale broadband provider. The corporation reports to two shareholder ministers: the Minister for Finance and the Minister for Communications.

<span class="mw-page-title-main">National Broadband Network</span> Telecommunications network in Australia

The National Broadband Network (NBN) is an Australian national wholesale open-access data network. It includes wired and radio communication components rolled out and operated by NBN Co, a government-owned corporation. Internet service providers, known under NBN as retail service providers or RSPs, contract with NBN to access the data network and sell fixed Internet access to end users.

In telecommunications, 4G is the fourth generation of cell phone mobile communications standards. It is a successor to the third generation (3G) standards. A 4G system provides mobile "ultra-broadband" Internet access. Major Australian telecommunications companies, and most resellers that use one of these major telcos, have been rolling out and continuing to upgrade 4G since 2011/2012.

Aussie Broadband is an Australian-operated telecommunication company. It was formed in 2008 after the amalgamation of Wideband Networks and Westvic Broadband.

<span class="mw-page-title-main">Vodafone Australia</span> Australian telecommunications brand

Vodafone Australia is an Australian telecommunications brand providing mobile and fixed broadband services. Vodafone’s mobile network covers more than 23 million Australians, and Vodafone has commenced the rollout of its 5G mobile network. Vodafone NBN fixed broadband services are available in capital cities and selected regional centres. Vodafone is the third-largest wireless carrier in Australia, with 5.8 million subscribers as of 2020.

<span class="mw-page-title-main">Simba Telecom</span> Singaporean telecommunications company

SIMBA Telecom Pte Ltd, formerly known as TPG Singapore, is a Singaporean telecommunications company and one of four major telecommunication company operating in the country.

The Mobile Black Spot Program is an ongoing Australian federal government funding program aimed at adding mobile phone reception to areas which do not have it, such as communities, transport routes and tourist destinations. As of October 2022, over 1,200 mobile base stations have been funded and a total of 1,047 constructed by Telstra, Optus, TPG Telecom, and Field Solutions Group (FSG). The need for a mobile black spot funding program was first identified in the government's 2011–12 Regional Telecommunications Review, with the first of the towers built under the program being switched on in December 2015. Mobile base stations built under the program are funded with contributions from the Commonwealth, the network operators themselves, and in some cases, state and local governments.

References

  1. 1 2 "TPG Telecom Results Presentation for the year ended 31 December 2020".
  2. ↑ "TPG Telecom Limited Results for Year Ended 31 December 2020 – Appendix 4E" (PDF).
  3. ↑ Duckett, Chris. "Vodafone Australia and TPG merger: Everything you need to know". ZDNet . Retrieved 25 September 2020.
  4. ↑ Duckett, Chris (24 June 2020). "Vodafone Hutchison Australia to become TPG Telecom on Monday". ZDNet. Retrieved 24 March 2022.
  5. ↑ "Hutchison Telecoms".
  6. ↑ "Vodafone, Hutchinson[sic] complete merger". news.com.au. 16 August 2009. Retrieved 17 February 2021.
  7. ↑ "Vodafone moves on 3's demise". itnews.com.au. 31 August 2011. Retrieved 17 February 2021.
  8. ↑ "TPG Share Price & Information". ASX. Retrieved 10 August 2020.
  9. ↑ "PROPOSED MERGER OF EQUALS BETWEEN TPG TELECOM LIMITED AND VODAFONE HUTCHISON AUSTRALIA TO CREATE AUSTRALIA'S LEADING CHALLENGER TELECOMMUNICATIONS OPERATOR" (PDF).
  10. ↑ Duke, Jennifer (29 August 2018). "Vodafone, TPG to become $15b telco giant to disrupt Optus and Telstra". Sydney Morning Herald . Fairfax Media. Retrieved 30 August 2018.
  11. ↑ Reichert, Corinne. "TPG and Vodafone Australia to merge into AU$15b telco named TPG". ZDNet. Retrieved 2 September 2018.
  12. ↑ "Concerns about proposed merger between TPG and Vodafone". Australian Competition & Consumer Commission. 13 December 2018.
  13. ↑ Letts, Stephen (8 May 2019). "TPG share price crashes as ACCC blocks Vodafone merger". ABC News. Retrieved 19 May 2019.
  14. ↑ Danckert, Sarah (12 February 2020). "Court clears way for $15b Vodafone-TPG merger". The Sydney Morning Herald. Retrieved 13 February 2020.
  15. ↑ Pash, Chris (30 August 2018). "Here's how the TPG-Vodafone merger stacks up against Telstra". Business Insider Australia. Archived from the original on 30 August 2018. Retrieved 10 August 2020.
  16. ↑ Harpur, Phil. "TPG Telecom Limited". BuddeComm. Retrieved 10 August 2020.
  17. ↑ "How the new-look TPG could transform the mobile market". Australian Financial Review . 5 July 2020. Retrieved 10 August 2020.
  18. ↑ "TPG, Telstra to share mobile network and spectrum for decades". iTnews. Retrieved 22 October 2022.
  19. ↑ "The ACCC Isn't Satisfied With the Telstra-TPG Regional Network Sharing Deal Just Yet". Gizmodo Australia. 30 September 2022. Retrieved 22 October 2022.
  20. ↑ "Australian Competition Tribunal denies authorisation for Telstra and TPG regional network deal". Australian Competition & Consumer Commission . 21 June 2023. Retrieved 10 July 2023.
  21. ↑ Kelly, Zachariah (21 June 2023). "The Australian Competition Tribunal Shoots Down the Telstra-TPG Network Sharing Deal". Gizmodo Australia. Retrieved 10 July 2023.
  22. ↑ Wingerei, Kim (25 June 2023). "Competition Tribunal confirms ACCC folly on Telstra and TPG deal - what's the scam?". Michael West. Retrieved 10 July 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.