Bingo!!!!!
Combine that with TPG backhaul and VHA towers and you have the number 2 telco in Australia quite comfortably as they will be able to maintain a cost advantage over SGT in Australia AND pressure their home market of Songapore!
Probably even start to really pressure TLS earnings, I would most likely sell TLS shares if that merger were to be announced.
TPM Price at posting:
$5.52 Sentiment: Buy Disclosure: Held