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$8.93 tpg telecom limited

Ann: TPG launches A$300m underwritten placement, page-9

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farmer fred

516 Posts.

9

12/11/15

14:58

Post #: 16381076
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Originally posted by futurenow ↑

Perhaps they're looking to take out Telstra

With the recent VOC and Nextgen announcement in building a PER-SIN cable, Teoh might be looking to play chess with VOC and buy Nextgen.

TPM have huge local assets but are simply a customer when buying international carriage.

I await the placement price where us chumps can choose to buy in.

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I'm pretty sure when they bought Pipe about 5 years ago they bought some submarine cable with that.
Good that they can do a placement at such a small discount.

TPM Price at posting: $10.39 Sentiment: None Disclosure: Held
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