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TPG has strategy for NBN headwinds

AAP logoAAP 6/12/2016

TPG chairman David Teoh says his company will use its extensive infrastructure assets to help offset margin headwinds the group faces as it transitions to the national broadband network.

Mr Teoh will tell shareholders at TPG's annual general meeting on Wednesday not to be concerned about headwinds despite the company's share price falling to $6.75 this week, from $11.81 in mid-September.

"We have ahead of us numerous exciting opportunities to consider and strategies to implement using our extensive infrastructure assets and other strengths which I am confident will continue to create excellent value for our shareholders over the long term," he will say.

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