"Mr Barlow also backed TPG founder David Teoh as the best telecommunications entrepreneur in Australia" and predicted that 5G technology would undermine the NBN because of 5G's superior speeds.
The Soul Patts CEO's support comes after TPG this week slashed its dividend to fund a bold market share grab in mobile.
"He's played his cards perfectly," Mr Barlow said, referring to Mr Teoh's investment-heavy strategy in a year where TPG's market value halved beginning with a profit downgrade sparked by the margin impact of the transition to NBN services. Soul Patts participated in TPG's rights issue.
The NBN was another example of poor policy making, Mr Barlow and Mr Millner agreed."
"Mr Barlow also backed TPG founder David Teoh as the best...
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