News: TPM ACCC Sets May 9, 2019 As New Provisional Decision Date For TPG Telecom-Vodafone Australia..., page-23

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m77

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29/03/19

20:43

Post #: 37933878
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Originally posted by kittyboomboom: ↑

Can't they?..........
It's called damages!
There is no way in hell ACCC procrastination is not both STIFLING COMPETITION and CAUSING FINANCIAL DAMAGE.
TPM paid a record for spectrum they can't use properly, 2 Government decisions (Huawei anyone?) have left them floundering with BOTH being made AFTER the record spectrum payment.
Government should either refund some money or extend spectrum licenses for 12 months and then ACCC should pay "costs" associated with the delay.
The decision to delay like this is one of the worst I have personally seen the ACCC make, it's a no-brainer, I'm sure they've done worse but certainly not in the last decade or two.

Ps: Looking forward to my special dividend when it comes! It will be very special indeed

Pps: what do you call a company with a $10 shareprice, paying a large fully franked special dividend, distributing "in-specie" a share in a Monopoly breaking provider of telecommunications in one of the highest density populated areas in the world, with one of the highest per-capita incomes in the world?
TPG in two months

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Accc team may wish to translate its high confidence over tpg’s strength into approving tpg and v merger; had the merger been approaved immediately ahead of May, tpg would have been much stronger along with voda to start checking and balancing the 5g duopoly without wasting resources. Sim has wonderful accc team to do the math favouring the merger and Australian customers and the economy.

TPM Price at posting: $6.95 Sentiment: Hold Disclosure: Held
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