All Australia articles – Page 3
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M&A
TPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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Operations
TPG cleared to separate wholesale and retail operations
Australian Competition and Consumer Commission greenlights ‘joint functional separation’ of the subsidiaries from 7 October 2022. Regulator believes the move will enhance competition in both segments. TPG is looking to create a new fibre-to-the-building (FTTB) wholesale business.
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Premium
Elsewhere in Vodafone Associates & JVs: Vantage bags new infra partnerships
Vodafone Foundation Australia given makeover; Vantage flags two new infra partners; Vi welcomes Mobile Streams services.
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Partnerships & Alliances
TPG Telecom agrees regional RAN share with Telstra
Ten-year Multi-Operator Core Network (MOCN) network-sharing agreement signed off. TPG will gain access to 3,700 Telstra cell sites within a “defined coverage zone” across regional and “urban fringe” areas in Australia. Option to extend network-sharing deal by up to ten years. TPG intends to decommission 725 mobile sites within ...
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Partnerships & Alliances
Genesys partnered for speech-based AI bot
TPG ties with Genesys and Google Cloud to launch an “upgrade” to its Vodafone TOBi chatbot. NLP integration set to improve voice channel triaging, with sales role touted in a future deployment.
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Premium
Elsewhere in Vodafone Associates & JVs: Egypt reducing dirty diesel
Regulatory decision on TPG’s FTTB expansion plan nears; Egypt takes hybrid to reduce dirty diesel.
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People
Berroeta shuffles leadership team again
Technology roles brought together under ex-MTN CTIO Chiarelli. Cooney to lead unified Consumer domain. Leadership now bedded in after 18 months of integration.
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Network & Infrastructure
TPG cites 5G momentum in Aussie auction snub
Australian operator TPG Telecom did not pick up any blocks in the 900MHz auction, with CEO Berroeta claiming its portfolio is strong enough already. TPG’s 5G network live on 700MHz, with 26GHz trials underway. Rivals Optus and Telstra share the spoils in TPG’s absence.
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Premium
TPG takes hit as Teoh offloads shares
Controversial founder sells 20% of his total stake — the maximum he was able to sell. Move sees TPG valuation drop by AU$ 1bn.
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Premium
TPG trumpets 5G SA milestone
5G network covers more than 85% of population in ten locations thanks to standalone core. Ericsson, Nokia, and Samsung playing complementary roles. 5G site delivery accelerated owing to ‘factory assembly’ strategy.
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Premium
DT heads down under for fibre mate
Australia’s IFM named as Gigabit investment partner following long period of speculation. Move adds to TDE CEO Gopalan’s box of tricks as he seeks to pragmatically accelerate the Group’s slow-building fibre deployment. Startup JV embedded with various protective measures for DT, such as balance sheet deconsolidation, and long-term/standalone strategic ...
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Premium
TPG Telecom dials up 3.5GHz spectrum holdings
Australian operator ups 5G pace via acquisition of 29×5MHz concession from Dense Air, in return for 2.6GHz licences. Deal sees TPG subsidiary adsorb assets of Dense Air’s local business.
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Venturing & Investments
Telefónica Innovation & Venturing Roundup: Group profits from Altiostar
One Wayra investment exceeds crowdfunding target while another enters Asia-Pacific; Hispam startup accelerator launches innovation call in Peru; Group makes tidy profit from Altiostar divestment.
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M&A
Aussie antitrust tsar seeks change after TPG–Vodafone merger
Rod Sims, Chair of Australia’s competition commission, expresses “serious concerns” about market health after TPG–Vodafone merger. Sims wants bigger powers to block further anti-competitive M&A.
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M&A
TPG puts feelers out for TowerCo deal
Australian JV conducting “preliminary market assessment” ahead of possible spin-off. Scope of monetisation would be limited by operator’s low level of site ownership. Competitors have already made moves.
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Premium
TPG Telecom pre-assembles 5G units to speed rollout
TPG accelerates 5G drive with new processes, spectrum, and research partnerships. Aims to cover 85% of population in six cities with 5G by the end of 2021.
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People
TPG sets out vision with refreshed exec line-up
Three senior appointments look to drive TPG growth ambitions in fixed wireless, enterprise, and customer experience improvement. Expertise drawn from TPG Corp. and Vodafone’s European OpCos.
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Strategy & Change
Elsewhere in Vodafone Associates & JVs: ACCC says ‘I told you so’
ACCC says ‘I told you so’ over TPG merger’s impact on competition.
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Premium
Elsewhere in BT Global: Egypt license renewed
Egyptian licences get a refresh; Global turns to IR to help tie together virtual rooms.
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Venturing & Investments
Elsewhere in Vodafone Associates & JVs: TPG set for FWA launch; Vi shifting away from Huawei
TPG set for FWA launch; Vi transitioning away from Huawei; INWIT agrees to equip Milan metro with 5G-friendly DAS technology.