So Far So Good for TPG Telecom in the Brave New World of NBN
Narrow moat-rated TPG Telecom's fiscal 2017 first-half result was remarkable on three fronts, and supports our unchanged AUD 8.00 fair value estimate.First, the 39.8% EBITDA margin for the TPG consumer broadband division is little changed from the 40.2% achieved a year ago. This is an exceptional outcome given the accelerating migration to the margin-dilutive national broadband network, or NBN, environment, with the group's inroads into the fibre to the basement, or FTTB, arena acting as an off...
TPG Telecom is a telecommunications company based in Australia. Co. has three operating segments: Consumer, which provides retail telecommunications services to residential and small business customers; Corporate, which provides telecommunications services to corporate, government, and wholesale customers; and iiNet, which provides telecommunications and technology services to residential and business customers.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.