"In TPG we are quite agile. Despite this, however, the board views his “depth and understanding” of the telecommunications industry as an exceeding benefit in comparison to requiring unbias independence as TPG Chairman. In a tense day of hearings, Michael Hodge, QC, on behalf of the competition regulator, scrutinised Mr Teoh's aborted attempt to build a mobile network, exposing a "build-at-all costs" mentality and a rushed and seemingly ad hoc approach to major financial decisions. North Sydney The inner workings of Australia's most secretive billionaire, TPG boss David Teoh. Nevertheless, he insisted the plan had always been to do so, and said he had appointed Huawei because the Chinese company had told them there was an "upgrade path to 5G". By the day's end Mr Hodge had cast serious doubt over TPG's reasons for abandoning its mobile network, leaving the Australian Competition and Consumer Commission in a stronger position in its campaign to defend its decision to block the $15 billion merger with Vodafone Hutchison Australia. On Wednesday afternoon, Mr Teoh admitted the company had never put together a detailed, budgeted plan to upgrade the 4G network to 5G. While this is nothing to be alarmed about, considering the ACCC’s fervour of attributing absolute control of TPG to Mr Teoh inside Federal Court during the appeal of the company’s merger with Vodafone. David Teoh works in the industry of Cable & Satellite, Telephony & Wireless, Telecommunications. This plan was scuppered in August 2018 when the federal government introduced a ban on Huawei equipment from being used in 5G networks, because of fears the Chinese government could force Huawei to use the reams of sensitive data 5G networks will have access to for espionage purposes. What is David Teoh’s business email address? Email. David Teoh’s peers at other companies are Navneet Sethi, Stella Bender, Ke Ruiwen, Nobuaki Kurumatani, Roberto Vivo. Mr Teoh confirmed that the board had not asked Mr Teoh to provide modelling that showed the investment would generate a positive net present value. David Teoh’s colleagues are Edward Abila, Daniel Dinh, Francis Natividad, Adrian Suneja. Before deciding to hire Macquarie for the capital raising, the company's projections for the rollout of the mobile network left it with a negative net present value of $290 million. By business reporter Nassim Khadem. He said the board needed to move quickly in its decision to bid for the 700 Mhz spectrum to avoid being outbid by Vodafone Hutchison Australia, and did not have time to put together a formal business plan. TPG Telecom Limited has called Mr Teoh “not independent” in a Corporate Governance Statement to the ASX alongside the company’s annual report to shareholders. Going through a number of board meetings, Mr Hodge repeatedly asked Mr Teoh whether he had provided detailed modelling to the board before bidding for spectrum.