TPM tpg telecom limited

700MHz Auction announced

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    http://www.zdnet.com/article/acma-opens-applications-for-700mhz-mobile-broadband-spectrum-auction/

    "If TPG won the spectrum, it would build a fourth mobile network, and if Optus or Vodafone Australia won the spectrum, capacity and quality across their mobile networks would be increased -- all of which would improve competition, the ACCC said."

    Could get quite interesting!

    I think TPM has the balance sheet to buy the spectrum given it can be paid in instalments, but how on earth can they afford to build the towers?

    My bet is that Teoh will buy the spectrum (both lots) and sit on it until Vodafone come crawling to him to do a deal.

    A betting man would probably buy HTA and TPM.
 
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