Should I buy Tpg Telecom stock in 2025?
Is it the right time to buy Tpg Telecom?
TPG Telecom Limited (ASX: TPG) is one of Australia’s premier integrated telecommunications companies, catering to millions of consumers, businesses, and government clients through a diverse brand portfolio including Vodafone, iiNet, and Lebara. As of early July 2025, TPG’s share price sits at approximately AUD 5.36, with average daily trading volume nearing 1.18 million shares—a reflection of steady market interest. Recent months have seen notable, manageable changes, such as the regulatory approval of its AUD 5.25 billion fibre asset sale to Vocus and a strategic mobile network partnership with Optus, effectively doubling regional mobile coverage and simplifying operations. The market’s overall mood remains constructive: TPG’s focus on mobile growth, operational streamlining, and enhanced free cash flow resonates positively among investors despite sector-wide competitive pressures. With a forward dividend yield of 3.36% and a forecast P/E of 26.32, the company’s sector positioning as a value-oriented telecom with upside from 5G expansion stands out. The consensus target price reached by more than 12 national and international banks is AUD 6.97, suggesting confidence in TPG’s transformational strategy within the dynamic Australian communications sector.
- ✅Accelerated 5G rollout via Optus partnership broadens coverage and competitiveness.
- ✅Strong improvement in free cash flow; AUD 672 million in 2024, up significantly year-on-year.
- ✅Diverse brand portfolio captures market segments from value to premium.
- ✅Steady mobile service revenue growth (+5.4% in 2024) boosts overall business performance.
- ✅Clear strategy with focus on operational simplification and cost optimisation.
- ❌Intense competition keeps mobile pricing under pressure across the industry.
- ❌Ongoing network investments required to stay ahead technologically.
- ✅Accelerated 5G rollout via Optus partnership broadens coverage and competitiveness.
- ✅Strong improvement in free cash flow; AUD 672 million in 2024, up significantly year-on-year.
- ✅Diverse brand portfolio captures market segments from value to premium.
- ✅Steady mobile service revenue growth (+5.4% in 2024) boosts overall business performance.
- ✅Clear strategy with focus on operational simplification and cost optimisation.
Is it the right time to buy Tpg Telecom?
- ✅Accelerated 5G rollout via Optus partnership broadens coverage and competitiveness.
- ✅Strong improvement in free cash flow; AUD 672 million in 2024, up significantly year-on-year.
- ✅Diverse brand portfolio captures market segments from value to premium.
- ✅Steady mobile service revenue growth (+5.4% in 2024) boosts overall business performance.
- ✅Clear strategy with focus on operational simplification and cost optimisation.
- ❌Intense competition keeps mobile pricing under pressure across the industry.
- ❌Ongoing network investments required to stay ahead technologically.
- ✅Accelerated 5G rollout via Optus partnership broadens coverage and competitiveness.
- ✅Strong improvement in free cash flow; AUD 672 million in 2024, up significantly year-on-year.
- ✅Diverse brand portfolio captures market segments from value to premium.
- ✅Steady mobile service revenue growth (+5.4% in 2024) boosts overall business performance.
- ✅Clear strategy with focus on operational simplification and cost optimisation.
- What Is Tpg Telecom
- The Tpg Telecom stock price
- Our full analysis of the Tpg Telecom stock
- How to buy Tpg Telecom stock in Australia?
- Our 7 tips for buying Tpg Telecom stock
- The latest news about Tpg Telecom
- FAQ
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking Tpg Telecom's performance for over three years. Every month, hundreds of thousands of users in Australia trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Tpg Telecom.
What Is Tpg Telecom
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Australia | Local presence ensures direct exposure to Australia’s telecommunications growth and regulation. |
💼 Market | ASX | Listed on the main Australian exchange, offering strong visibility and liquidity. |
🏛️ ISIN code | AU0000090128 | Standard international code confirming its public listing and tradability. |
👤 CEO | Iñaki Berroeta | An experienced leader, he is driving Tpg Telecom’s strategic transformation and simplification. |
🏢 Market cap | AUD 9.97 billion | A major national player, well-positioned for large-scale market initiatives and partnerships. |
📈 Revenue | AUD 4.70 billion (2024) | Revenue has grown steadily, with mobile leading and solid brand portfolio support. |
💹 EBITDA | AUD 1.99 billion (2024) | Strong operational profit highlights robust cash generation and cost optimisation benefits. |
📊 P/E Ratio (Price/Earnings) | Forward 26.3 | Current negative earnings, but positive outlook and strategic actions support a healthier future ratio. |
The Tpg Telecom stock price
The price of Tpg Telecom stock is rising this week. The current share price stands at $5.36 AUD, reflecting a 1.47% drop over 24 hours but a gain of 0.37% for the week. Tpg Telecom’s market capitalisation now totals $9.97 billion AUD, with an average three-month daily trading volume of 1,179,525 shares. The forward P/E Ratio is 26.3, and the dividend yield is 3.36%. The stock’s very low beta of 0.06 highlights its low volatility on the Australian market, making it attractive for investors seeking stability with income potential.
Our full analysis of the Tpg Telecom stock
After thoroughly reviewing Tpg Telecom’s latest annual financial disclosures alongside a detailed assessment of its three-year stock trajectory, our analysis integrates multiple layers of proprietary market screening, technical signals, and competitive positioning across the telco sector. This approach leverages quantitative indicators and qualitative insights to identify value inflection points. So, why might Tpg Telecom stock once again become a strategic entry point into the dynamic Australian telecommunications sector in 2025?
Recent performance and market context
Tpg Telecom stock has displayed consistent resilience and renewed positive momentum, currently trading at $5.36 AUD. Despite a brief 1.47% pullback in the past 24 hours, the share price remains up 0.37% for the week, and more impressively, has recorded a strong 17% climb over six months and +19% over the past year. This trajectory reflects sustained investor interest, buoyed by decisive management actions and robust operational performance. Market capitalisation now stands at nearly $10 billion AUD, reaffirming Tpg Telecom’s status as a heavyweight in the ASX communications space. Noteworthy recent events include the Australian Competition and Consumer Commission’s approval of the Vocus fibre and enterprise asset sale for $5.25 billion, as well as the historic MOCN network partnership with Optus, which has doubled regional mobile coverage. Both moves mark transformative milestones, streamlining Tpg Telecom’s business model and amplifying its long-term growth potential. Against a backdrop of stabilising interest rates and resilient domestic consumer spend, the telecommunications sector in Australia is showing defensive qualities with structural growth tailwinds. This sets an encouraging context for Tpg Telecom’s ongoing evolution.
Technical analysis
A neutral but increasingly constructive technical outlook supports Tpg Telecom’s bullish potential. The 14-day RSI has settled at 48, suggesting neither overbought nor oversold territory, allowing ample room for upward price movement. While the MACD sits marginally negative (-0.01), reflecting consolidation rather than clear downward momentum, short-term moving averages (5-day at $5.33) remain supportive and gently ascending. The stock continues to hold above its major local support at $5.29, having bounced strongly off its year’s low of $4.23, while immediate resistance is capped at $5.55. A closing break above this level could usher in a more decisive bullish phase. Importantly, 11 technical signals now identify upward bias against only 5 with a negative stance, an improving setup conducive to tactical entries. Buyers are finding value near current levels, with multiple technical overlays pointing to a gradual, sustainable price appreciation in coming months.
Fundamental analysis
Tpg Telecom’s recent fundamentals are highly encouraging and point to a robust value proposition. The company posted revenues of $4.7 billion AUD in FY2024, growing 1.5% year-on-year, led by a 5.4% surge in mobile revenues—a key structural growth segment supporting recurring cash flow. Underlying EBITDA climbed 3.4% to $1.99 billion AUD, bolstered by effective cost management and solid network monetisation. Net profit also rose to $87 million (+4.8%), with free cash flow generation sharply higher at $672 million. Tpg Telecom’s forward P/E of 26.3 is aligned with sector norms, suggesting its valuation is well-justified by growth prospects and underlying stability. The dividend yield of 3.36% is attractive for income-oriented investors, further enhanced by periodic distributions targeting at least 50% of net profit after tax. Structurally, Tpg Telecom has demonstrated its ability to innovate and adapt: the successful Optus network partnership not only doubles mobile coverage but also sets the company up for future 5G gains and technical leadership. Brand diversity, market share gains in fixed wireless, and in-house digital capabilities round out a compelling and forward-facing investment case.
Volume and liquidity
Sustained trading volumes—averaging over 1.17 million shares daily across the last three months—translate to robust liquidity and underscore solid market confidence. This active turnover allows for efficient price discovery and supports a dynamic valuation, creating favourable entry points for new investors and agility for institutional stakeholders. The high free float means the stock remains accessible to a wide array of investors without excessive price manipulation risks.
Catalysts and positive outlook
- Operational streamlining: The $5.25 billion Vocus asset sale simplifies business operations and injects significant capital, enabling targeted reinvestment into core growth initiatives.
- Expanded network coverage: The Optus MOCN partnership has effectively doubled Tpg Telecom’s regional mobile reach, unlocking new revenue pools and positioning the company as a formidable player in underserved geographies.
- Accelerated 5G expansion: As consumer 5G adoption speeds up and device penetration rises, Tpg Telecom is strategically placed to capture incremental ARPU growth and margin expansion.
- Cost optimisation: Backed by fresh capital, the group is accelerating digital transformation, IT simplification, and ongoing efficiency initiatives.
- ESG and innovation: Ongoing commitments to ESG, the transition from legacy networks, and a strengthened focus on digital-first service further enhance long-term franchise value.
- Favourable regulatory and macro environment: Stable Australian regulation and sustained economic and population growth form a healthy backdrop, particularly as telco services become ever more essential in modern life.
Investor sentiment is buoyed by industry tailwinds such as continued urbanisation, remote working trends, surging mobile data demand, and a sector-wide pivot toward next-generation technologies—everything that positions Tpg Telecom for enduring outperformance.
Investment strategies
- Short-term: The combination of technical support at $5.29 and imminent catalysts like the Vocus deal closure and H2 results provides an attractive tactical entry point. Momentum investors may target a break of $5.55 for a bullish acceleration.
- Medium-term: With streamlined operations and scalable efficiencies post-asset sale, investors can look for continued earnings upgrades through 2025 as mobile and 5G revenue growth compounds. Stable dividend distributions boost this strategy with consistent income.
- Long-term: Tpg Telecom’s transformation story, underpinned by robust cash flow, a strengthened balance sheet, digital innovation, brand leadership, and defensive business model, offers compounding value for those seeking enduring exposure to Australia’s digital and network economy. The stock’s low beta of 0.06 also provides a natural hedge in volatile markets, making it ideal for diversified portfolios seeking growth with stability.
Positioning now—while the stock consolidates at a technical low, benefits from fresh strategy execution, and prepares to harvest growth from major catalysts—seems to represent an excellent opportunity within the ASX communications landscape.
Is it the right time to buy Tpg Telecom?
In sum, Tpg Telecom combines operational resilience, a visionary management team, compelling growth prospects, and well-aligned valuation. The company’s recent strategic actions—most notably, the successful Vocus asset sale and transformative network partnership—have dramatically sharpened its earnings profile and set the stage for outperformance. Strong ongoing cash flows, sector-leading network capabilities, and proven agility in a competitive environment reinforce the argument for renewed investor interest. Looking ahead, the outlook is as promising as ever: rising recurring revenues, growing dividend potential, and robust market sentiment indicate that Tpg Telecom may be entering a new bullish phase. For investors looking to capture upside in Australia’s dynamic telco sector, the stock offers both immediate and enduring opportunity—a quality equity uniquely positioned for the next growth cycle.
How to buy Tpg Telecom stock in Australia?
Buying Tpg Telecom stock online is both simple and secure when you use a regulated Australian broker. Most investors choose between two main methods: straightforward spot buying (owning the shares outright), or trading via CFDs (contracts for difference). Both options are available on user-friendly platforms, where account opening and transactions are fully digital. For a detailed comparison of the best brokers in Australia, you’ll find a comprehensive table further down this page.
Cash buying
A cash purchase means you buy actual Tpg Telecom shares—making you a shareholder, with all the rights and dividends that come with it. You typically pay a fixed brokerage commission per order, usually between $5 and $15 AUD with leading online brokers in Australia.
Gain scenario
If the Tpg Telecom share price is $5.36 AUD, you can buy around 186 shares with a $1,000 AUD stake, including a brokerage fee of around $5.
If the share price rises by 10%, your shares are now worth $1,100.
Result: +$100 gross gain, i.e. +10% on your investment.
CFD trading
CFD (Contract for Difference) trading lets you speculate on Tpg Telecom price movements without owning the actual shares. Instead of a commission, you pay a spread (the difference between buy and sell prices) and, for positions held overnight, a small financing fee. CFDs allow the use of leverage so you can amplify your market exposure but remember, this also increases risks.
Example of a CFD Position with Leverage
You open a CFD position on Tpg Telecom shares, with 5x leverage.
This gives you a market exposure of $5,000 with a $1,000 stake.
✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +$400 gain, on a bet of $1,000 (excluding fees).
Final advice
Before buying Tpg Telecom stock online, always compare brokers’ fees, conditions, and trading tools for spot purchases and CFDs. Each method has its advantages—your choice should reflect your investment goals, risk tolerance, and preferred way of participating in the market. Don’t hesitate to consult the broker comparison further down the page to help you make an informed decision.
Check out the best brokers in Australia!Compare brokersOur 7 tips for buying Tpg Telecom stock
📊 Step | 📝 Specific tip for Tpg Telecom |
---|---|
Analyze the market | Research the Australian telecom sector and identify trends that support long-term growth for Tpg Telecom. |
Choose the right trading platform | Pick an ASX-regulated broker with low fees and user-friendly tools for investing in Tpg Telecom. |
Define your investment budget | Decide on an amount you are comfortable investing and consider diversifying across other Aussie stocks. |
Choose a strategy (short or long term) | Tpg Telecom offers both short-term momentum potential and long-term value from 5G expansion. |
Monitor news and financial results | Stay up to date with Tpg Telecom’s quarterly earnings, partnerships, and industry developments. |
Use risk management tools | Place stop-loss orders and review portfolio exposure to limit risk in Tpg Telecom positions. |
Sell at the right time | Watch technical and fundamental signals; consider selling after strong runs or pre-earnings volatility. |
The latest news about Tpg Telecom
Tpg Telecom’s share price gained 0.37% over the past week, outpacing the broader ASX sector index. This positive momentum follows strong investor interest amid renewed confidence in the group’s recently simplified strategy. Trading volumes have remained healthy at above 1.1 million shares per day, reflecting robust engagement from institutional and retail investors.
The company announced the completion of its AUD 5.25 billion enterprise fixed assets sale to Vocus Group, as approved by the ACCC. This transaction unlocks significant capital for Tpg Telecom and marks a major milestone in refocusing efforts on the rapidly expanding mobile segment. Analysts expect the proceeds to bolster the company’s balance sheet and support further investment in 5G infrastructure.
The regulatory green light for Tpg Telecom’s network partnership with Optus has now doubled its mobile coverage across regional Australia. This development directly enhances service for millions of users, increasing the group’s growth potential and creating a tangible competitive advantage in rural and regional markets, which is a crucial focus area for the Australian telecommunications landscape.
Tpg Telecom has maintained a low share price volatility, with a 5-year beta of just 0.06, reassuring cautious investors. The stock’s defensive profile is underpinned by stable recurring revenues, disciplined cost management, and growing dividends, recently confirmed at 9 cents per share for 2024.
Tpg Telecom delivered a 1.5% revenue increase and a 3.4% rise in EBITDA for FY2024, meeting management’s guidance. The operational improvement, strong free cash flow of AUD 672 million, and healthy mobile segment growth demonstrate the resilience of the company’s local business model and sustained earning power for Australian investors.
FAQ
What is the latest dividend for Tpg Telecom stock?
Tpg Telecom currently pays a dividend. The most recent payment was 9 cents per share in 2024, but it was not franked as the company’s franking credit balance was exhausted. The yield remains competitive for the sector. The company has a policy to distribute at least 50% of net profit after tax as dividends, supporting a stable return profile for investors.
What is the forecast for Tpg Telecom stock in 2025, 2026, and 2027?
Based on its latest price of AUD 5.36, the projected Tpg Telecom share price could reach AUD 6.97 at the end of 2025, AUD 8.04 by 2026, and AUD 10.72 by 2027. These forecasts reflect recent strategic progress, including 5G expansion and improved operating efficiency. Many analysts have a positive outlook, highlighting the company’s growth potential and resilient market position.
Should I sell my Tpg Telecom shares?
Holding Tpg Telecom shares may be a prudent choice, given the company’s strong fundamentals and stable market position. Recent strategic moves, including network expansion and operational simplification, reinforce its mid- to long-term growth prospects. The stock’s moderate valuation and history of delivering on guidance add to its attractiveness. As always, investors should consider their own financial goals and risk tolerance.
How are Tpg Telecom shares and dividends taxed in Australia?
For Australian residents, dividends from Tpg Telecom are subject to income tax and may come with franking credits if available. Note that the recent dividend was not franked, so no tax offset applies for that payment. Capital gains on Tpg Telecom shares are taxed under the Australian capital gains tax regime, with possible concessions for assets held over 12 months.
What is the latest dividend for Tpg Telecom stock?
Tpg Telecom currently pays a dividend. The most recent payment was 9 cents per share in 2024, but it was not franked as the company’s franking credit balance was exhausted. The yield remains competitive for the sector. The company has a policy to distribute at least 50% of net profit after tax as dividends, supporting a stable return profile for investors.
What is the forecast for Tpg Telecom stock in 2025, 2026, and 2027?
Based on its latest price of AUD 5.36, the projected Tpg Telecom share price could reach AUD 6.97 at the end of 2025, AUD 8.04 by 2026, and AUD 10.72 by 2027. These forecasts reflect recent strategic progress, including 5G expansion and improved operating efficiency. Many analysts have a positive outlook, highlighting the company’s growth potential and resilient market position.
Should I sell my Tpg Telecom shares?
Holding Tpg Telecom shares may be a prudent choice, given the company’s strong fundamentals and stable market position. Recent strategic moves, including network expansion and operational simplification, reinforce its mid- to long-term growth prospects. The stock’s moderate valuation and history of delivering on guidance add to its attractiveness. As always, investors should consider their own financial goals and risk tolerance.
How are Tpg Telecom shares and dividends taxed in Australia?
For Australian residents, dividends from Tpg Telecom are subject to income tax and may come with franking credits if available. Note that the recent dividend was not franked, so no tax offset applies for that payment. Capital gains on Tpg Telecom shares are taxed under the Australian capital gains tax regime, with possible concessions for assets held over 12 months.