Where would TLS get 115 stores of experienced sales staff from?
VTGs master agreement will stay intact, but perhaps with different remuneration. No immediate threat to VTG, worst case slow earnings decline. I would think that the tunnel is only as long as the one Telstra is traveling through, and analysts are seeing light for Telstra.
VTG Price at posting:
$1.01 Sentiment: None Disclosure: Held