• Expanded mobile network coverage to over 98.5% of the Australian population
• Completed sale of fibre network assets and Enterprise, Government and Wholesale operations for $4.7 billion
• Paid down $2.7 billion of debt and returned $3 billion to shareholders

TPG Telecom Limited (ASX: TPG) has released its results for the full year ended 31 December 2025. The company achieved significant progress in executing its strategic priorities, including the expansion of its mobile network, increases in operational efficiency, and major capital management initiatives. In January 2025, TPG Telecom implemented a regional network sharing arrangement that doubled the reach of its mobile network coverage to over 1 million square km, reaching 98.5% of the Australian population. This, combined with efforts to simplify customer offerings and improve digital experiences, drove strong growth in mobile market share.The company also completed the sale of its fibre network assets and Enterprise, Government and Wholesale (EGW) fixed operations to Vocus Group in July 2025, generating $4.7 billion in net cash proceeds. This enabled TPG Telecom to pay down $1.7 billion in debt, fund a $3 billion cash distribution to shareholders, and raise $373 million through a Reinvestment Plan to increase minority ownership.Overall, TPG Telecom delivered a strong financial performance in FY25, with EBITDA of $1,637 million and Operating Free Cash Flow of $1,291 million. The company also increased its Return on Invested Capital to 5.42%, up 0.66 percentage points on a pro forma basis.The Board has declared a final ordinary dividend of 9.0 cents per share for FY25, taking total ordinary dividends for the year to 18.0 cents per share. An additional $1.61 per share was also paid to shareholders as a result of the $3 billion cash distribution from the sale of the fibre network assets and EGW fixed operations.

TPG Telecom provided the following forward-looking financial guidance for the 2026 financial year:- Earnings before interest, tax, depreciation and amortisation (EBITDA) of $1,637 million- Operating Free Cash Flow of $1,291 million

TPG Telecom has entered the 2026 financial year in a stronger, more competitive position following the successful execution of its strategic priorities in 2025. The company is well-positioned to continue providing customers with choice and value, while delivering ongoing value for shareholders.