TPG (Internet service provider)

TPG
Company typeSubsidiary
IndustryTelecommunications
Founded1986
HeadquartersNorth Sydney, Australia
Area served
Australia
New Zealand
ServicesInternet service provider
Online television
Mobile telephony
RevenueIncreaseA$2.495 billion (2014)[1]
IncreaseA$890 million (2018)[1]
IncreaseA$396 million (2018)[1]
Total assetsIncreaseA$832.4 million (2014)[1]
Total equityIncreaseA$832 million (2014)[1]
Number of employees
5,083 (July 2016)[2]
ParentTPG Telecom
Websitewww.tpg.com.au

TPG is an Australian internet service provider that specialises in consumer and business internet services as well as mobile telephone services. As of August 2015, TPG is the second-largest internet service provider in Australia and is the largest mobile virtual network operator. As such, it has over 671,000 ADSL2+ subscribers, 358,000 landline subscribers and 360,000 mobile subscribers, and owns the second-largest ADSL2+ network in Australia, consisting of 391 ADSL2+ DSLAMs. It also operates in New Zealand.

The company was formed from the merger between Total Peripherals Group, which was established in 1986 by David and Vicky Teoh, and SP Telemedia in 2008. In August 2018, TPG and Vodafone Hutchison Australia announced their intention to merge, with TPG holding a 49.9% stake in the merged company.[3] In February 2020, the Federal Court of Australia decided against an objection by the Australian Competition and Consumer Commission opposing that merger.[4]

TPG provide five ranges of products and services including Internet access, networking, OEM services, mobile phone service and accounting software.

On 13 July 2020, Vodafone Hutchison Australia merged with TPG via a scheme of arrangements. TPG was renamed to TPG Corporation Limited and delisted from Australian Securities Exchange, with Vodafone Hutchison taking on the TPG Telecom name.[5]

  1. ^ a b c d e "TPG Annual Report 2018". TPG.
  2. ^ "FY2016 Annual Report" (PDF).
  3. ^ "TPG and Vodafone announce $15 billion merger". ABC News. ABC. 30 August 2018. Retrieved 30 August 2018.
  4. ^ Federal Court allows TPG-Vodafone merger. Australian Competition and Consumer Commission. 13 February 2020.
  5. ^ "Implementation of Scheme of Arrangement" (PDF). Australian Securities Exchange. 13 July 2020.