News - Wednesday, March 23, 2011 13:22 - 13 Comments

TPG is rapidly expanding … NBN or not

The future of Australia’s telecommunications sector might be best described as ‘up in the air’ at the moment. The rollout of the fibre-based NBN and its disruption to existing broadband networks, the ongoing debate about how valuable wireless spectrum might be allocated and a series of acquisitions that have cut the number of significant players down drastically are all contributing factors.

This level of uncertainty has plagued the industry for some time – and it doesn’t look like it’s going to go away any time soon. But not every company is contributing to the verbal sound and fury – some appear more focused on being quiet achievers.

Yesterday national broadband provider TPG Telecom issued its latest set of half-yearly financial results. Although rival telcos like Telstra, Optus and iiNet use such occasions to publicly detail almost everything going on in their businesses, TPG’s results briefing package was, as per its custom, relatively sparse – just a page and a half of management commentary and a brief PowerPoint pack focused on the numbers.

But if you delve beneath the surface at the telco, you’ll find a hive of activity.

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