TPG/Telstra rural network merger likely set for court appeal

network sharing deal is destined for the courtroom, whether the competition regulator approves it or not this week, with both determined to enter a pact while rival Optus hopes to sink it.

The Australian Competition and Consumer Commission will make a final decision on the deal by Thursday. Yet, whatever it decides,“There will likely be an appeal,” an Optus spokeswoman said when asked if the company planned to challenge the ACCC’s decision if it did not fall its way.The ACCC has not made an interim decision on the deal.

TPG told the ACCC that Optus missed its chance to do a similar deal with it, arguing the regulator should not accept arguments the deal would reduce Optus’ investment case in rural areas. Optus, meanwhile, has argued the deal might cost the Australian economy $55 billion over the next decade, as it would push the telco to a “tipping point” where it could no longer sustain investment in regional infrastructure.

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Companies to offer optional Australia Day leaveSome of Australia's largest companies will offer employees the choice to work on the Australia Day public holiday and use their time in lieu at a later date. Companies including Telstra and Woodside Energy will be among the first to introduce the option next year. Get the popcorn ready They sound like optional Australian companies I reckon. You're either Australian or not. Typical pandering by some left wing company CEO's. They should bow there head in shame..
Source: SkyNewsAust - 🏆 7. / 78 Read more »