Friday, 24 November 2017

ACCC OKs TPG's iiNet buy but casts doubt on future consolidation

By Mary Lennighan, Total Telecom
Thursday 20 August 15

Watchdog says loss of one player from fixed broadband market will not substantially lessen competition.

Australia's competition watchdog on Thursday announced that it will not stand in the way of TPG's planned takeover of iiNet, but warned that any future moves towards consolidation in the fixed broadband space may be blocked. After a short bidding war…

Australia's competition watchdog on Thursday announced that it will not stand in the way of TPG's planned takeover of iiNet, but warned that any future moves towards consolidation in the fixed broadband space may be blocked. After a short bidding war…

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