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Telstra shares fell 6 per cent this morning on news TPG is building an Australian mobile network.
TPG to build its own mobile network
Wednesday, 12 April, 2017 - 09:47
Telstra shares fell today after internet provider TPG Telecom said it would build Australia's fourth mobile network for about $1.9 billion, after securing much-needed mobile spectrum in a government auction.
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Total Shareholder Return as at 30/09/16
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 605th | TPG Telecom | -20% | 46% |
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar
Source: Morningstar
Revenue
| th |  | TPG Telecom | $2,480.5m |
77 listed non wa companies ranked by revenue.
Source: Morningstar
Source: Morningstar
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Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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