TPG customer numbers not that good? They have over 2 million...

TPG customer numbers not that good?
They have over 2 million fixed line subscribers and have never produced a reduction in numbers, growth has slowed but no indication of negative growth, mobile subscribers have dropped but that will change when they have their own network.
It's not a coincidence VHA and TPM aren't overbuilding eachothers assets, only question is if it's deliberate from both sides or just Teoh outsmarting them, either are possible but I would suggest the latter is very likely.
If you wait for things to "warm up" you may be buying in at multiples of the current price, when all uncertainties are removed we will be substantially higher than now IMO.