LA Private

April 29, 2024

TPG Telecom to pay Optus for regional mobile infrastructure

TPG Telecom (ASX:TPG) will pay Optus about $1.17 billion to use its rival’s mobile infrastructure in regional Australia, turning to the Singapore Telecommunications-owned company after regulators blocked an earlier deal with Telstra. Under the latest deal, TPG will increase its mobile network in regional Australia to 2,444 network sites, with Optus providing TPG Telecom access […]

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US economy booming

Last week, JPMorgan Chase CEO Jamie Dimon said the American economy was booming, and consumer spending continued to be resilient. He told the Economic Club of New York that the economic boom is “unbelievable”. “Even if we go into recession, the consumer’s still in good shape,” he said. Still, he reiterated caution about the potential

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