Hey kids! Did you hear about TPG Telecom in Australia? It's a big phone company, like Verizon or AT&T in the US. They just announced some great news about their money made last year!
- TPG made more money than expected.
- More people are using their phones, which means more money for TPG.
- They shared a deal with another company to make their network even bigger!
- They're also giving some of their profits to their investors.
| Thing | Number |
|---|---|
| Total money made (before taxes, etc.) | $1.24 billion |
| Money made this year (prediction) | $1.95 billion - $2.03 billion |
| Stock price change | Up 2.4% |
It's pretty exciting for TPG! Their stock price went up, meaning the company's value increased.
