| Hi John, The big news of the past 24 hours has been the ACCC decision on the proposed TPG-VHA merger, which has come as a surprise to many market pundits.
A day before it was scheduled to announce its decision on the proposed merger between TPG Telecom and Vodafone Hutchison Australia, the Australian Competition and Consumer Commission has been forced to announce it is opposed o the merger.
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.
Australia's biggest telecommunications provider Telstra says it has no comment on the decision by the Australian Competition and Consumer Commission to oppose the proposed merger of TPG Telecom and Vodafone Hutchison Australia.
Meanwhile, TPG is touting its lead position for NBN average download speeds in competition watchdog the ACCC’s Measuring Broadband Australia program.
As for Optus, it is crowing about being appointed as the only authorised Australian stockist, until the end of June, for the Samsung Galaxy A50 smartphone. And of course, there's plenty more so for all the news visit www.itwire.com.
Have a great day!
Stan Beer, Editor in Chief, iTWire
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andrew.matler@itwire.com
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