TPG Telecom Can Grow Faster Than Industry -- Market Talk

Dow Jones04-17 12:15

0415 GMT - TPG Telecom's bulls at Jarden see scope for the Australian mobile provider's earnings growth to outpace the broader industry on strength in its digital-first brands. They see digital-first subscriber growth as high quality, telling clients in a note that a 90% earnings margin means that every 100,000 of net new subscribers adds about A$28 million to TPG's annualized Ebitda. Supporting their optimism, they point out that TPG's pricing of its digital-first brands should resonate with younger consumers, and that a deteriorating economic backdrop should help TPG acquire an outsized share of customers. Jarden lifts its target price by 8.9% to A$4.30 and keeps an overweight rating on the stock, which is up 0.9% at A$4.32. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

April 17, 2026 00:15 ET (04:15 GMT)

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