Ash,in a previous post i stated tpg paid a massive world record of $1.3b for 20 lots of 700mgz?amazing. vodafone bought the remainding 10 lots of 700mgz for approx $270m ie the reserve price. ps in singapore tpg paid by memory approx $100m for 60 lots of 700mgz but auction was restricted and tpg just beat my republic . Was there any scotch involved with the 20 lot $1.3b bid? Bottom line if merger goes ahead and it should then less chance of stupid non commercial non common sense accc interference in the mobile sector. The accc can start to b useful and look at the nbn and energy sectors. I'm also surprised at tpg sp,but lol the market is always right ?. ps there are still plenty of opportunities for a merged tpg and vodafail,also optus.But the question is whether even if merger approved whether vodafone/hutchinson are interested in investing in australia,my gut feel is no.So who is going to spend the capex required from a merged entity? lol my little 2 cents,i believe origin would b watching crt developments with a potential interest to make some type of investment depending on out come,or do a deal with optus.
TPM Price at posting:
$7.02 Sentiment: None Disclosure: Not Held
