TLS 1.31% $3.88 telstra group limited

TLS chart, page-323

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    lightbulb Created with Sketch. 681
    From the SOI:

    "Issues that may raise concerns Competition for wholesale supply of mobile services 7. The ACCC is concerned that the proposed merger may substantially lessen competition in the market for wholesale mobile services nationally."

    Looks like wholesale is a concern as well.
 
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