Could 2026 be a turning point for TPG? Here's what I'm watching

The TPG Telecom Ltd (ASX: TPG) share price has had a rough ride over the past year. Even with today's 1.5% lift to $3.86, the stock is still well below prior levels after a stretch of network issues, capital management changes, and growing investor uncertainty.

With 2026 fast approaching, many investors are now wondering if this could finally be the year TPG starts to rebuild confidence.

TPG has also released its key dates for 2026, giving shareholders a clearer view of when major updates and dividends will land.

Here is what I'll be watching over the next 12 months.

Full-year results kick off the calendar

TPG's first big moment arrives on 27 February 2026, when it unveils its full-year results and announces its next dividend.

This update will be crucial for several reasons. Investors will want to see:

• How the business is recovering after the 000-network outage
• The financial impact of its recent capital initiatives
• Whether margins and mobile subscriber trends are stabilising
• Any early signs of earnings momentum returning

The ex-dividend date falls on 5 March, with payment on 2 April, giving ample time for investors to jump on the dividend.

AGM and mid-year reset

Shareholders will hear straight from management again at the Annual General Meeting on 8 May 2026. After a challenging year, this is likely to be an important opportunity for TPG to lay out its strategy and provide reassurance that operational issues are firmly behind it.

The company then hits its half-year reporting period, ending on 30 June, before delivering interim results on 21 August 2026. That update will also include TPG's interim dividend.

Here are the key dividend dates:

• Interim dividend ex-date: 27 August
• Record date: 31 August
• Payment date: 29 September

What could drive a turnaround

TPG has spent months navigating outages, investigations, and major capital returns. But with its free float increasing and large reinvestment plans completed, 2026 may provide a cleaner run for the business.

A few things I will be watching closely:

• Improvements in network performance and customer satisfaction
• Progress in integrating fibre assets and improving mobile coverage
• Evidence that operating costs are being brought under control
• More consistent earnings as short-term disruptions pass

If TPG can tick a few of these boxes, the share price could begin to move in the right direction.

Foolish Takeaway

TPG has had a tough stretch, but the company now has a clear calendar of catalysts in 2026. With dividends back on track and several opportunities to rebuild investor confidence, next year could be an important one for the telecom giant.

The results will speak for themselves, but 2026 is already looking like a year worth keeping on the radar.

The post Could 2026 be a turning point for TPG? Here's what I'm watching appeared first on The Motley Fool Australia.

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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