You're totally misunderstanding the merger. TPG isn't trying to beat TLS at their own game. They're a different offering that's going to capture all the customers that don't just religiously use Telstra. I hold both because they corner different parts of the market.
And merging with Vodafone is just the quickest and easiest way of moving forward. The alternative would be a long drawn out process of trying to run them out of business (which seems to be what the ACCC wanted).
Merger. ... impact on TLS?, page-42
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$3.70 |
Change
0.030(0.82%) |
Mkt cap ! $42.75B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $77.20M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 199823 | $3.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 829839 | 9 |
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