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.
Both TPG Telecom and Vodafone Hutchison Australia will make sufficient concessions to the ACCC that would see TPG remaining in the market as a price-fighter brand, well-known telecommunications analyst Paul Budde says, three days ahead of the date on which a final decision on the proposed merger between the two companies is due to be handed down.
The Australian Competition and Consumer Commission has announced that it will hand down its final decision on the proposed merger between TPG Telecom and Vodafone Hutchison Australia on 9 May.
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