Business
COVID travel bans hurt telco TPG – NEWS.com.au
Travel bans hurt TPG Telecom’s mobile earnings, but internet demand strong
Coronavirus travel bans have had a massive negative impact on TPG Telecom, reducing its ability to sign up all-important international visitors for prepaid mobile phone services and slashing margins for roaming.Retail store closures also reduced sales in the first half of the calendar year, the company’s first post-merger financial results show, while call centre operations were down in March and April due to lockdowns in India.
But internet service demand remained strong as customers increasin…
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