TPG Telecom Ltd Ordinary Shares
TPG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$8.20 | Dml | Bnqtprws |
TPG Telecom's Moat Rating Downgraded to None
Business Strategy and Outlook
TPG Telecom is grappling structural changes in the Australian telecommunications market. Rollout of the national broadband network and take-up of high-traffic products such as video streaming, will increase the demand for broadband and backhaul capacity. However, the NBN will also force TPG Telecom to become a reseller, hitting its consumer broadband margins.