0008 GMT - TPG Telecom spooked Credit Suisse with its weakest addition of broadband subscribers in years during F2H. The investment bank posits TPG's net addition of 25,000 was only 13% of Australia's total increase, pushing the company's market share down to 24.9% as of June 30 from 25.4% a year earlier. That as mobile subscribership continued to decline despite TPG acting aggressively on price. "We view this as a key concern ahead of TPG's mobile-network rollout," the bear says as its stock target drops says 4.8% to A$5. Shares jumped 5.2% yesterday to A$5.49, cutting the year's skid to 18%. ([email protected]; @dwinningWSJ)
what a pump yesterday
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