Tuesday, 30 June 2020 06:27

Vodafone renamed TPG Telecom, TPG becomes TPG Corporation Featured

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Iñaki Berroeta said the scheme becoming legally effective was an important final regulatory step in the merger. Iñaki Berroeta said the scheme becoming legally effective was an important final regulatory step in the merger. Supplied

Vodafone Hutchison Australia was renamed TPG Telecom on Monday ahead of the proposed merger with TPG Corporation (which was formerly known as TPG Telecom).

A statement from VHA on Monday said TPG Corporation had submitted orders from the court to ASIC approving the scheme of arrangement which relates to the merger.

VHA chief executive Iñaki Berroeta said the scheme becoming legally effective was an important final regulatory step in the merger.

“It’s exciting to be in the final stages of the process and getting ready to enter a new era in two weeks’ time,” he said.

“When we merge on 13 July, we will become a stronger force in the telecommunications industry as a leading integrated mobile and fixed provider.

“Customers won’t notice a difference in their day-to-day experience, and we look forward to delivering the competitive benefits of the merger to consumers.”

The new TPG Telecom will have numerous brands including Vodafone, TPG, iiNet, Lebara, AAPT and Internode. Its stock symbol will be TPG.

The merger will be implemented on 13 July.

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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