DSD your observations are in the dark ages, much like the traditional big telcos. People aren't using their landlines anymore - I don't even have one connected. You can call overseas via VOIP or any number of other options using only the cost of data.
So yes, there will be heavy competition in the sector but TPG/IIN and in the position to capitalise on that. For me, Teoh is playing a great long game.
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