TPG Telecom Signs Regional Network Sharing Agreements With Optus
TPG Telecom Ltd 
TPG:
TPG SIGNS REGIONAL NETWORK SHARING AGREEMENTS WITH OPTUS
ESTIMATED SPECTRUM RECEIPTS FROM OPTUS WILL TOTAL A$420 MILLION.
MOCN AGREEMENT WILL RUN FOR 11 YEARS, WITH AN OPTION FOR TPG TELECOM TO EXTEND FOR A FURTHER FIVE-YEARS
SEES TO AVOID CUMULATIVE GROSS CASH COSTS OF A$575 MILLION TO A$675 MILLION OVER AGREEMENT PERIOD
REGIONAL MOCN IS EXPECTED TO BE OPERATIONAL FROM EARLY 2025
ARRANGEMENT WILL REDUCE EXPECTED CASH CAPITAL EXPENDITURE TO A$1,020 MILLION IN FY24
ARRANGEMENT WILL REDUCE EXPECTED CASH CAPITAL EXPENDITURE TO A$950 MILLION IN FY25 AND FY26
EXPECTS MOCN ARRANGEMENT TO ACHIEVE BREAK-EVEN IN CASH TERMS FROM FY26 ONWARDS
IN FY24, EXPECTS TO RECOGNISE A$230 MILLION TO A$250 MILLION OF NON-CASH CHARGES RELATED TO 755 TOTAL NETWORK SITES WITHIN MOCN AREA
INTENDS TO DECOMMISSION BALANCE OF ITS 755 MOBILE SITES IN MOCN AREA
IN FY25 TPG TELECOM EXPECTS A NEGATIVE EBITDA IMPACT OF ABOUT A$55 MILLION TO A$65 MILLION
NEGATIVE NPAT IMPACT OF ABOUT A$10 MILLION TO A$20 MILLION ESTIMATED IN FY25
NO CHANGE TO TPG TELECOM'S EBITDA GUIDANCE FOR FY24
SEES FY24 EBITDA BETWEEN A$1,950 MILLION AND A$2,025 MILLION