TPG Telecom May Not Raise Its Mobile Prices in 2025 -- Market Talk

Dow Jones
03-24

2348 GMT - TPG Telecom may decide not to raise its mobile prices this year in an attempt to build its customer numbers, Jefferies analysts write in a note. A Jefferies survey of Australian mobile users points to high levels of customer satisfaction across providers, despite the industry attracting twice as many complaints as banking. The analysts say that most consumers tend to stick with their provider, which suggests that TPG's improved network coverage from its asset-sharing arrangement with Optus may not attract many new users on its own. They write in a note that they could see Optus raising its prices soon, with Telstra potentially following suit in mid-2025. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

March 23, 2025 19:48 ET (23:48 GMT)

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