TPM Tpg Telecom Limited

   By Robb M. Stewart 
 

MELBOURNE, Australia--Internet-services provider TPG Telecom Ltd. (TPM.AU) has struck deals worth more than 1 billion Australian dollars (US$698.4 million) to expand Vodafone Hutchison Australia's transmission network and to migrate its mobile-phone customers to the Vodafone network.

Under one agreement, TPG said Wednesday it would provide so-called dark fiber and network services to more than 3,000 Vodafone Australia sites over a 15-year term. That will require TPG to extend its existing fiber infrastructure with the construction of about 4,000 kilometers of new fiber to Vodafone sites across the country.

The two companies said they also have signed one of the industry's largest-ever "mobile virtual network operator" agreements to move TPG's mobile wholesale customer base to Vodafone's network, which offers substantially faster data speeds.

Write to Robb M. Stewart at robb.stewart@wsj.com

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(END) Dow Jones Newswires

September 29, 2015 19:22 ET (23:22 GMT)

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