by Ben Butler on (#4Q05X)
Vodafone says it would be ‘commercially crazy’ for TPG to create a fourth networkAllowing a $15bn merger between telecommunications companies TPG and Vodafone would snuff out the prospect of a new mobile network to challenge the industry’s dominant players, Telstra and Optus, the competition regulator has told a court.Appearing before the federal court on Tuesday, counsel for the Australian Competition and Consumer Commission, Michael Hodge QC, said it was “entirely commercially realistic†to say that TPG would resume previous plans to roll out a network if the merger was stopped. Continue reading...