All three of our telco titans now have subsidiaries that offer phone plans for the budget-conscious.
After two years,the $15 billion merger between TPG and Vodafone is complete.
Merging Vodafone's struggling Australian operations with TPG Telecom was always the plan for Inaki Berroeta,who has knack for untangling difficult projects.
Telco created out of the merger between Vodafone Hutchison Australia and telco billionaire David Teoh's TPG Telecom,has been admitted to the ASX.
TPG Telecom shareholders have overwhelmingly backed the $15 billion deal,paving the way for the creation of a a stronger rival for Telstra and Optus to contend with.
Inaki Berroeta,who is set to lead a combined Vodafone-TPG,says the new player has the capacity to steal business customers from rivals Telstra and Optus.
Vodafone has provided mobile phone location data to the federal and NSW governments to monitor whether Australians are following social distancing restrictions.
As the use of YouTube,Netflix,and Zoom has surged to new highs,the stress on internet infrastructure is starting to show.
A merged TPG-Vodafone appears set to use its 5G fixed wireless to take on the NBN in the residential market,after the ACCC ruled out appealing a court ruling allowing the deal.
Vodafone Hutchison Australia has booked a dip in full-year revenue,as it noted a hit from the Huawei ban and the delayed merger with TPG.
A chance for more effective competition in the mobile phone market has been lost.