Fears mobile data prices will rise as $15b Vodafone-TPG merger given green light

Australia's three main telecommunications providers – Telstra, Optus and Vodafone – already control almost 90 per cent of the market.

TPG had already spent $1.26b on the spectrum needed to build a mobile network and has an extensive transmission network, according to the ACCC. "The ACCC's concern was that with this merger, mobile data prices will be higher than they would be otherwise. "We have ambitious 5G rollout plans and the more quickly the merger can proceed, the faster we can deliver better competitive outcomes for Australian consumers and businesses," he said.

Really - duh! There’s a life time of precedents that’s why there merging - more money 🙄

Stick with Telstra.

Great news - Telstra are bastards.

I will take my home bundle plan off from TPG!

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court clears way for $15b Vodafone-TPG mergerThe Federal Court threw out a ruling by the competition regulator that the tie-up would harm consumers. More corporate power and less competition. This is what happens when majority of people a LNP-voting corporate shills. Nooooooo
Source: smh - 🏆 6. / 80 Read more »

Court clears way for $15b Vodafone-TPG mergerThe Federal Court threw out a ruling by the competition regulator that the tie-up would harm consumers. More corporate power and less competition. This is what happens when majority of people a LNP-voting corporate shills. Nooooooo
Source: smh - 🏆 6. / 80 Read more »

US telco shares soar on merger approval; mixed lead for ASXShares in T-Mobile and Sprint surge as a US court approval brings a merger between the pair one step closer. European markets close higher, while Wall Street is mixed in late trade.
Source: abcnews - 🏆 5. / 83 Read more »