TPG Telecom is making progress towards consolidating its operations onto a singular technology infrastructure by the end of FY26 as part of its continuous modernization initiatives.
Iñaki Berroeta (TPG)
In the previous fiscal year ending on December 31, 2024, TPG reduced its application count by 15 percent, eliminating 97 applications [pdf].
The telecommunications company is aiming to lower its total application count to under 250 by 2029, a substantial decrease from the 800 applications and seven IT structures it acquired after merging with Vodafone in 2020.
During TPG’s investor presentation, CEO Iñaki Berroeta mentioned that the organization’s “intricate heritage systems” have hindered past product innovation efforts and impeded customer interaction.
“Enhancing customer experience involves delivering the advantages of a more straightforward operation to our customers,” he stated.
“A reduced range of high-value plans and products amplifies digital capability and the advantages of a unified, efficient IT design, where legacy systems no longer impede our progress.
“Becoming more agile, uncomplicated, and robust entails simplifying our structure and decreasing the capital and operational expenditures required to manage the business.”
Presently, TPG has 568 operational applications and intends to trim another 100 during this fiscal year.
Furthermore, the company plans to reduce its plan count by around 750 this year, having previously reduced the number by 69 percent to 1145 in 2024.
TPG finished the year with revenue of $1.98 billion, benefited by a 1.8 percent rise in mobile subscribers.
Nonetheless, TPG reported a net loss after tax of $107 million, mainly due to the write-off of $250 million in regional mobile network assets following its network-sharing agreement with Optus announced in April last year.
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