TPG Telecom Ltd Ordinary Shares
TPG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$9.40 | Zzhyccn | Fpyshsqd |
Satisfactory Maiden Result as a Merged TPG-Vodafone Entity
Business Strategy and Outlook
TPG Telecom is grappling with structural changes in the Australian telecommunications industry. Rollout of the national broadband network, or NBN, and take-up of high-traffic products such as Internet protocol television and video streaming, will increase the demand for broadband and backhaul capacity. However, the NBN will also force TPG Telecom to become a reseller, crunching its consumer broadband margins.