BREAKING: A $15 billion merger between Vodafone Australia and TPG has been cleared to go ahead. 9News
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.
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