TPG Telecom sees higher 2025 revenue on mobile growth

TPG Telecom (ASX: TPG) posted its financial performance for the 12 months ended Dec. 31, 2025, driven by mobile subscriber growth and the execution of its regional network expansion.

The company's service revenue rose 2.2% to $4.18 billion, bolstered by a 4.2% increase in the mobile sector following the addition of 228,000 new subscribers.

This represents the company’s strongest mobile growth since 2022.

Profitability saw a substantial boost, with EBITDA climbing 18.4% to $1.66 billion.

Statutory NPAT reached $52 million, aided by higher earnings and one-off tax benefits which offset the implementation costs of a new handset receivables financing program.

The company's cash position remains strong, reporting an operating free cash flow of $1.29 billion, supported by lower capital expenditure and proceeds from asset financing.

Following the sale of its fibre infrastructure and fixed operations, CEO Iñaki Berroeta described 2025 as a "transformational year," noting that the company has evolved into a leaner, mobile-led business.

TPG returned $3 billion to shareholders and repaid $2.7 billion in bank borrowings.

Shareholders will receive a final dividend of 9 cents per share, bringing the total FY25 payout to 18 cents.

Looking ahead to FY26, the company has set an EBITDA guidance of $1.67 billion to $1.74 billion.