TPG Telecom and Optus Forge Major Network Sharing Agreement

The deal aims to expand TPG's mobile network coverage and reduce costs, with significant implications for regional Australia's telecom landscape.

TPG Telecom and Optus, owned by Singapore Telecommunications, signed a network sharing agreement to enhance mobile coverage and reduce capital expenditures.
The agreement will increase TPG's coverage from 755 to 2,444 mobile network sites in regional Australia.
TPG is set to gain access to Optus' regional 5G network, with the new facilities expected to be operational by early 2025.
The deal involves a financial commitment of around A$1.17 billion over 11 years, with TPG also licensing some spectrum to Optus.
The Australian Competition Tribunal previously blocked a similar deal between TPG and Telstra, but this new agreement is expected to be more favorable to regulators.