Thursday, 30 August 2018 11:07

Watchdog to take 12 weeks to review TPG-Vodafone merger

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Watchdog to take 12 weeks to review TPG-Vodafone merger Pixabay

The Australian competition watchdog, the ACCC, says it will soon kick off a public review into the merger that is proposed between Vodafone Hutchison Australia and TPG Telecom.

The two companies announced their intention to merge on Thursday morning, with 50.1% of the merged entity to be owned by Vodafone and the remainder to be owned by TPG.

The Australian Competition and Consumer Commission said it expected a submission from the two companies sometime soon and that its initial timeline for the review would be 12 weeks.

"The review will look at competitive impacts in mobile services, where TPG now has a growing presence, and also fixed line, where Vodafone is a discounter," the ACCC said in a statement.

"We will also explore likely impacts in related markets, such as spectrum acquisition markets, wholesale services, and mobile roaming. We will be calling for submissions from stakeholders."

It said the two companies had also announced joint venture arrangements relating to spectrum, and, potentially, network sharing.

"The ACCC will be investigating the joint venture arrangements to see if they raise competition concerns under the Competition and Consumer Act," it said.

You can listen to the full audio of Vodafone and TPG's teleconference call for media and analysts this morning in iTWire's article entitled "FULL AUDIO: Vodafone and TPG merger call as Voda promises 'great value' for customers". 

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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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