TPM 0.00% $8.93 tpg telecom limited

Fourth purchase in the past 3 months, page-27

  1. 744 Posts.
    lightbulb Created with Sketch. 238
    Thank you all for the replies to my post.

    Regarding TPG's entry into Singapore, because of Singapore's high population density and TPG's ease of access to Singapore government's HDB (government subsidised apartments) rooftops to build the towers, TPG should be able to reach breakeven point relatively quickly.

    A quick search on google on population density gives me the following statistics:
    Singapore: 7,797 people per square kilometre
    NSW: 9.3 people per square kilometre
    Victoria: 25 people per square kilometre
    Greater Sydney: 380 people per square kilometre
    Greater Melbourne: 440 people per square kilometre
    Australia: 2.9 people per square kilometre

    We can think of this project as similar to building a mobile network in Australia's major inner cities only, without the need to provide coverage in the suburbs and in the country area.

    No wonder the smart Teoh grabs this opportunity by both hands.

    Please keep the comments (both positive and negative) coming in. I especially look forward to the negative ones.
 
watchlist Created with Sketch. Add TPM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.