Half Year Results Media Release

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Stock TPG Telecom Ltd (TPG.ASX)
Release Time 21 Aug 2026, 8:20 a.m.
Price Sensitive Yes
 TPG Telecom Releases Half-Year Financial Results
Key Points
  • Service Revenue increased by 0.5% to $2,071 million
  • Mobile Service Revenue up 3.1% with 64,000 new subscribers
  • EBITDA increased by 1.0% to $821 million
Full Summary

TPG Telecom Limited announced its financial results for the half year ended 30 June 2026. The company reported a 0.5% increase in service revenue to $2,071 million, with mobile service revenue growing by 3.1% due to 64,000 new mobile subscribers. EBITDA increased by 1.0% to $821 million, reflecting strong mobile results and cost control. Net profit after tax was $35 million, up from $32 million in the prior corresponding period. The company also declared an interim dividend of 10.0 cents per share, up 1.0 cent per share. TPG Telecom maintained its guidance for FY26, expecting EBITDA between $1,665 million and $1,735 million and capital expenditure of approximately $750 million.

Guidance

FY26 EBITDA: $1,665 million to $1,735 million; Capital expenditure: $750 million

Outlook

TPG Telecom remains focused on delivering sustainable long-term value, with clear strategic foundations in place to support ongoing growth in free cash flow, earnings per share, and return on capital.