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TPG Telecom Ltd (TPM.AX)

TPM.AX on Australia Stock Exchange

5.00AUD
26 Sep 2017
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Tue, Sep 19 2017

UPDATE 2-Australia's TPG reports increased access to funds, shares jump 10 pct

* Cuts dividend, flags profit fall next year (Recasts on debt facility; adds shares jump, analyst comment)

CORRECTED-UPDATE 1-Australia's TPG Telecom slashes annual dividend, flags FY18 profit fall

Sept 19 Australian telecoms company TPG Telecom Ltd cut its final dividend and warned pre-tax profit would fall in the current fiscal year due to rising competition as the government takes over as the country's main broadband wholesaler.

CORRECTED-TPG Telecom annual profit beats estimates; FY18 EBITDA expected to fall

Sept 19 Australian telecom services provider TPG Telecom Ltd on Tuesday posted an annual net profit that rose 9 percent and topped estimates, but said it expects fiscal year 2018 earnings before interest, tax, depreciation and amortization (EBITDA) to be lower than the prior year.

BRIEF-TPG Telecom expects FY18 underlying EBITDA to be in range of $800-$815 mln

* Underlying EBITDA for FY18 expected to be in range of $800-$815 mln Source text for Eikon: Further company coverage:

BRIEF-TPG Telecom acquires 700MHz spectrum in Australia

* successfully bid for 2x10mhz of mobile spectrum in 700mhz band at recent auction conducted by Australian Communications and Media Authority

BRIEF-TPG Telecom seeks trading halt

* seeks trading halt pending announcement in relation to acquisition and capital raising Source text for Eikon: Further company coverage:

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