My thought exactly. nothing is set in stone yet, and i wouldnt assume that tls will bring down vtg to the point where the business is not worth operating.
besides, i also think that it will take TPG a while to compete with tls, and they have to do it at the expense of smaller competitors with small margins. the reality is that yeah tpg might take business from tls, but people will always go to tls to get the services that everyone else cant provide. the recent accc ruling kept telstras competitive advantage intact so thats actually really good news for us.
VTG Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held
