Vodafone Hutchison Australia and TPG Telecom last year announced a deal to form a A$15 billion unit to take on Telstra and Optus in Australia's increasingly competitive telecoms sector. However, regulators have ruled that the merger 'will reduce competition and contestability'. – EPA pic, May 8, 2019.
AUSTRALIAN regulators today blocked a multibillion-dollar merger between Vodafone Hutchison Australia and TPG Telecom, in a surprise announcement that sent shares in the firms plunging. The companies announced last August a deal to form a A$15 billion unit to take on Telstra and Optus in an increasingly competitive telecoms sector.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: malaysiakini - 🏆 20. / 51 Lire la suite »