A merger between two of Australia's largest telcos, Vodafone Hutchison Australia and TPG Telecom, has been given the green light after a successful court challenge to an initial ACCC ruling in regard to 'lessened competition.'
Vodafone Hutchison Australia and TPG Telecom have said they intend to challenge the ACCC's turning down of their merger proposal in the Federal Court.
Both TPG Telecom and Vodafone Hutchison Australia will make sufficient concessions to the ACCC that would see TPG remaining in the market as a price-fighter brand, well-known telecommunications analyst Paul Budde says, three days ahead of the date on which a final decision on the proposed merger between the two companies is due to be handed down.
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