Australia’s TPG Telecom hits four-month peak on upbeat earnings

A woman holds her phone as she walks past an advertisement for Australia’s TPG Telecom Ltd in central Sydney, Australia, April 12, 2017. REUTERS
Feb 28 (Reuters) – Shares of Australia’s TPG Telecom (TPG.AX), surged to a more-than-four-month high on Friday after the telco logged a 3.4% rise in its underlying earnings to A$1.99 billion ($1.24 billion) for the year ended December 31.
($1 = 1.6095 Australian dollars)

Reporting by Rajasik Mukherjee; Editing by Mrigank Dhaniwala

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