TPG lost $21 million in margin due to NBN migrations

By on
TPG lost $21 million in margin due to NBN migrations
TPG Group profits have taken a hit in the first financial half of 2018, owing to headwinds in migrating DSL customers to lower-margin NBN services and rising electricity prices, the company said. DSL to NBN margin reductions cost the company $21 million against its underlying EBITDA. A $9 ...

Hi! You've reached one of our premium articles available exclusively to subscribers. It's our way of saying thanks to our loyal readership.

It's free to register, and only takes a minute.

Once you sign up you'll have unlimited access to all of our content, as well as daily newsletters delivered straight to your inbox to keep you up to date.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Copyright © nextmedia Pty Ltd. All rights reserved.
Tags:

Log in

Email:
Password:
  |  Forgot your password?
By using our site you accept that we use and share cookies and similar technologies to perform analytics and provide content and ads tailored to your interests. By continuing to use our site, you consent to this. Please see our Cookie Policy for more information.