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TPG Telecom has reached over 85 percent 5G population coverage in ten of Australia’s largest cities and regions as it delivers a smarter 5G network faster following last year’s merger. Capable of delivering speeds of more than 400Mbps, 5G coverage is…
American private equity business TPG Capital Management is heading an investment collective to acquire 30 per cent of Hong Kong jeweller APM Monaco. While financial details have not been revealed, a person with knowledge of the transaction suggested that the…
UK’s Costa Coffee says sales in China have underpinned solid growth in its Asian operations. Costa has 459 stores in China, where sales rose 4.9 per cent in the first half year as Chinese continue to boost their coffee consumption. The company plans to open a…
Fast-growing Australian fixed line operator TPG Telecom has bid A$1.26 billion ($944.8 million) to acquire 2×10 MHz of valuable 700-MHz spectrum, and plans to build its own mobile network using the bandwidth. TPG has revealed plans to spend A$600 million over…
Thailand convenience-store chain CP All and three private equity funds are competing to buy Polish retail chain Zabka from Mid Europa Partners in a deal valued at up to €1.5 billion (US$1.59 billion). Zabka’s sale comes at a time when some policies of the…
Australian fixed line operator TPG Telecom has won the new entrant spectrum auction to become Singapore’s fourth mobile network operator. TPG submitted the winning bid of S$105 million ($72.8 million) for a provisional allocation of 60 MHz of spectrum in the…
Singapore’s Infocomm and Media Development Authority has pre-qualified ISP MyRepublic and Australian telecoms group TPG Telecom to participate in an auction for a fourth mobile license. MyRepublic and TPG will bid for a 60-MHz lot of spectrum in the 900-MHz…
Thai online fashion retailer Pomelo has raised a follow-on round, bringing its total Series A funding to US$11 million. This round was again led by Singapore-based Jungle Ventures, with participation from existing investors and new contributors including 500…
And in the simultaneous divestment process for the 20-year McDonald’s China franchise rights, TPG Capital has reportedly withdrawn leaving two rival private equity firms in the race – Bain Capital and Carlyle Group – competing with two Chinese companies…
McDonald’s Asia is preparing to sell some 2800 restaurants across Asia as it introduces a new business model in its fastest growing major market. And Reuters has named frontrunning investors in what looks to be a spin-off business in much the same nature as…
