TPG Telecom Limited (ASX: TPM) TPG TELECOM ACHIEVES 100,000 NEW BROADBAND SUBSCRIBERS IN FY10 TPG notes the market�s recent view of telecommunications industry participants, particularly following the release yesterday of Telstra�s FY10 results. TPG would like to provide re-assurance to its investors that the Company has continued to experience excellent broadband subscriber growth in recent months (gaining 100,000 broadband subscribers in the past year), that it is tracking well to guidance and it looks forward to the release in late September of the FY10 financial results for the year ended 31 July. TPG continues to lead the market and drive competitive value, with consumers reacting extremely positively to its latest Home Phone + Broadband plans from $39.99 monthly, which offer good download allowances and include home phone line rental with no minimum call spend. TPG�s owned DSLAM, voice, and domestic and international fibre infrastructure provides good positioning to continue its strong competition in the corporate marketplace in addition to the broadband and home phone markets. Stephen Banfield Company Secretary
TPM Price at posting:
$1.45 Sentiment: LT Buy Disclosure: Held
