‘Tough decisions’ ahead for Australia’s TPG amid cost-cutting

vfw230-tt-tpg simplification

Source: Ethan Ou / Unsplash

CEO Iñaki Berroeta announced jobs are going as latest part of multi-year cost-cutting programme.

This article includes:

  • Events: Earnings call; Job cuts; Network sharing agreement; Restructuring; Simplification programme; Technology upgrades.
  • Geographic: Australia.
  • Organisations: Optus; TPG Telecom; Vodafone Group.
  • People: Iñaki Berroeta; Kieren Cooney.
  • Themes: Capital expenditure; Performance; Customer management systems; EBITDA; Employee expenses; Fixed services; Mobile services; Operational efficiencies; Revenue; Service revenue; Working capital.

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