TPG Telecom keeps FY26 EBITDA forecast at $1.67 billion-$1.74 billion
Reuters2026/08/20 22:54- TPG Telecom kept FY26 guidance unchanged, targeting EBITDA of $1.67 billion to $1.74 billion, excluding material one-offs.
- Capex (additions basis) forecast at about $750 million, versus FY25 pro forma $771 million; spectrum excluded.
- Second-half expectations lifted for ARPU growth, supported by May-to-August mobile plan refreshes, following 1H26 mobile ARPU of $35.21.
- Free cash flow to equity expected stronger in 2H26 on higher earnings, lower capex, sustained lower debt; 1H26 free cash flow to equity was $93 million.
- Operating expenses expected broadly flat versus FY25 pro forma at about $1.02 billion, versus 1H26 operating costs of $508 million.
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