TPM 0.00% $8.93 tpg telecom limited

ACCC -need to be held accountable, page-125

  1. m77
    1,195 Posts.
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    Very Excellent Wordings, I reietrate with permission:

    Evidence he (Mike Wright, a former head of networks for Telstra) gave on Tuesday, under cross-examination by Vodafone's counsel Peter Brereton SC, appeared to support the argument that the merger would be good for competition, because
    - the merger would allow Vodafone to continue to offer competitive mobile plans.
    - by merging with TPG, Vodafone will immediately gain access to TPG's 4G spectrum.
    - TPG has no mobile operations of its own, meaning this spectrum is currently completely unused and would therefore immediately
    keep easing the strain on Vodafone's existing spectrum holdings.

    To capture the above in the following way

    Hyper Competive advantage and strength through merger, leading to improved services to the consumers =
    a synergic chain reaction out of merger, converting each other's (TPG, VHA) weakness into strength and expediting the process to return to the progressive competitive path vehemently interrupted by ACCC.

    A compensation, in any form for the shareholders, from the ACCC would be much appreciated.
 
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