July 25, 2014 8:05 PM ET

Diversified Telecommunication Services

Company Overview of TPG Internet Pty Ltd

Company Overview

TPG Internet Pty Ltd provides voice, Internet, and data solutions in Australia. It also offers information technology products and services to residential users, businesses/small and medium enterprises, governments, and corporate enterprises. The company provides fixed line, fibre, and wireless services. It offers dialup products, email services, and Web site and domain name hosting services. The company provides voice over Internet protocol telephone services, business networking solutions, residential and business broadband, virtual phone cards, business SHDSL, IP addressing, mail list server, Internet protocol television, and mobile services. In addition, it offers firewalls for customers...

65 Waterloo Road

North Ryde, NSW 2113

Australia

Founded in 1995

Phone:

61 2 9850 0800

Fax:

61 2 9878 3877

Key Executives for TPG Internet Pty Ltd

Chief Financial Officer
Age: 61
General Manager of TPG Internet
Compensation as of Fiscal Year 2014.

TPG Internet Pty Ltd Key Developments

Court Slashes TPG Internet Pty Ltd.'s $2 Million Fine

The Federal Court has ruled a $2 million fine imposed on TPG Internet Pty Ltd. should be slashed to just $50,000. The Australian Competition and Consumer Commission (ACCC) took TPG to court last year, alleging that its advertisements for broadband plans were misleading. In the advertisements TPG promised ADSL2+ broadband for $29.99 a month. The fine-print catch was that it had to pay another $30 per month for phone line rental, plus set-up fees that in some cases were not disclosed in the ads. However, the Federal Court ruled the fine was too steep because only a small number of advertisements could be considered misleading. The court has also ordered the ACCC pay 75% of TPG's $600,000 in legal fees.

Full Federal Court Decision to Allow TPG Internet Pty Ltd Appeal

The Full Federal Court allowed an appeal in part by TPG Internet Pty Ltd. against orders made by Justice Murphy in favour of the Australian Competition and Consumer Commission. TPG appealed Justice Murphy's orders on liability and relief in relation to TPG's $29.99 ADSL 2 + Advertising Campaign which ran between 2009 and 2011. Justice Murphy's orders included a pecuniary penalty of $2 million for false and misleading conduct under the Australian Consumer Law. The Full Federal Court found that Justice Murphy erred in applying the legal test of whether the advertisements misrepresented the offer and also erred by not giving appropriate consideration of consumers' knowledge relating to bundling practices and set up charges. Justice Murphy's orders relating to the first initial television advertisement were upheld by the Full Federal Court. Justice Murphy's orders regarding TPG's contraventions of section 53C, which related to the prominence of the total single price, continue to stand. TPG did not appeal Justice Murphy's finding that it had contravened section 53C in relation to the initial television advertisement and the Full Federal Court upheld His Honour's section 53C findings in relation to the first set of website and newspaper advertisements. The ACCC is currently reviewing the Judges' reasons. The ACCC will continue to take enforcement action to improve clarity in advertising in the telecommunications industry as a priority. The parties have been asked to provide additional submissions on penalty and orders in January 2013.

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