According to The Australian, TPG is planning to offer the following:
- Free data for the first 6 months
- Unlimited data, with some limits: first 1GB per day at 4G speed, and then throttled down to 1Mmps for the rest of the day
- After the free period, it will be $9.99 per month
In my opinion, this offer is very attractive. I intend to take advantage of it as soon as it is made available.
Everybody's margins is going to be crunched by this. Telstra, Optus, Vodafone, Amaysim, Kogan, etc. EVERYBODY!
Only the lowest cost operator with its own infrastructure will still have the chance to make money.
TPM Price at posting:
$5.74 Sentiment: Buy Disclosure: Held