In the short term, yes. This will send the telco sector crashing again. However, in the medium-long term this is good news for TLS. They will form a duopoly with Optus in 5G. The ACCC is ridiculous. TPG will probably beat the decision in court though...
ACCC Decision, page-19
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$3.91 |
Change
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Mkt cap ! $45.12B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.91 | $3.86 | $35.34M | 9.072M |
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| No. | Vol. | Price($) |
|---|---|---|
| 67 | 380838 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 823147 | 100 |
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| TLS (ASX) Chart |