TPG lost $21 million in margin due to NBN migrations

By Michael Jenkin on Mar 20, 2018 10:25AM
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 ...

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