Ann: TPG acknowledges ACCC decision, page-3

Here's how stupid Sim's rationale is:

While he (Sims) did not doubt that TPG's executives believed a mobile network wouldn't be feasible, he said the "things you believe ... when there's the prospect of a merger aren't necessarily the things you believe when there's not a prospect of the merger"."We are not convinced that other tech suppliers can't come up with a fix [to the Huawei ban]," he said.

He thinks he is playing mind games with TPG. They show him financial facts, and he shoots off to some parallel universe where it is feasible. He sees the Huawei ban and shoots off to some parallel universe where there is another cheap provider of 5G tech.