The Australian: Optus and Amaysim looks at merger, page-10

Looks like the TPG / Vodafone merger is more likely to be going ahead, which is positive in a couple of ways - the first that it's likely to alleviate the extreme competition at the bottom, the second that it increases the incentives for consolidation for majors and therefore takeover of AYS.

See announcements at https://www.asx.com.au/asx/share-price-research/company/TPM

I'm also pretty happy to see that the diversification strategy seems to be working for AYS, insulating them from the fall in mobile ARPU with the increase in energy revenue.

I'll keep holding for now.