Displaying items by tag: merger

Thursday, 09 September 2021 12:58

ACCC gives go-ahead for merger of payment platforms

The Australian competition watchdog has given the go-ahead for the proposed merger of BPAY Group and its subsidiaries eftpos and New Payments Platform Australia.

Published in Business Intelligence
Friday, 16 July 2021 14:30

Webcentral and 5G Networks to merge

Digital technology company Webcentral has flagged $2 million in cost synergies annually as it announced it had entered into a merger with 5G Networks, which would see it acquire 100% of 5GN by way of a scheme of arrangement.

Published in Telecoms & NBN

End-to-end managed IT services provider Nexon announced today its acquisition of multi-award-winning technology services provider Computer Systems Australia (CSA).

Published in Deals

Ok, so the creative renaming of the ACCC is my idea, and not Adderton’s, but Peter has done the sums, and clearly, the communications competition conundrum isn’t adding up - why were there no consumer protections put in when the TPG and Vodafone merger was approved?

Published in Telecoms & NBN

TPG Telecom says it is the second largest telco in Australia, with MD and CEO Iñaki Berroeta also sharing an update on the company's operations after its merger 10 months ago.

Published in Telecoms & NBN

Australia's self-described first "smartbank", built for smartphones, is 86 400, and it has announced it "will join the NAB family, accelerating innovation in the industry and creating a smart digital bank committed to helping all Australians take control of their money."

Published in Deals

Vodafone Hutchison Australia was renamed TPG Telecom on Monday ahead of the proposed merger with TPG Corporation (which was formerly known as TPG Telecom).

Published in Telecoms & NBN

The name Vodafone Hutchison Australia will disappear from the Australian business register next Monday, with the telco to be known as TPG Telecom.

Published in Telecoms & NBN

The Australian Foreign Investment Review Board has give Vodafone Hutchison Australia the final regulatory approval needed for its merger with TPG Telecom.

Published in Telecoms & NBN

The coronavirus pandemic will not prevent the merger between Vodafone Hutchison Australia and TPG Telecom from going ahead by mid-year, the two companies involved have indicated.

Published in Telecoms & NBN

Vodafone Hutchison Australia says it will activate its first 5G site within a few weeks even as it released its full-year results for 2019 showing that it lost 275,000 mobile customers in 2019. The first lot of 5G sites are likely to be in and around Parramatta in NSW.

Published in Telecoms & NBN
Thursday, 13 February 2020 11:31

Vodafone / TPG merger cleared to proceed

A merger between two of Australia's largest telcos, Vodafone Hutchison Australia and TPG Telecom, has been given the green light after a successful court challenge to an initial ACCC ruling in regard to 'lessened competition.'

Published in Listed Tech

The GiGAWire Alliance and the Home Grid Forum are merging, in a move designed to create what they say is a new force in broadband access technology development.

Published in Market

Professional services firm Deloitte has announced that the founders and staff of Melbourne-headquartered information and data management consulting business, NeoData Australia, are to join the firm’s Consulting Enterprise Technology practice.

Published in Strategy

The backing of the US Federal Communications Commission's chair for a merger of wireless companies does not seem to be enough to push it over the line, with 10 state attorneys-general filing a case opposing the merger between the American companies T-Mobile and Sprint.

Vodafone Hutchison Australia and TPG Telecom have taken action in the Federal Court, seeking orders that the proposed merger between the two companies will not have the effect, or likely effect, of substantially lessening competition.

Published in Telecoms & NBN

The merger between T-Mobile and Sprint, the third and fourth biggest wireless carriers in the US, has moved a step closer with the chairman of the Federal Communications Commission, Ajit Pai, officially giving his support to the deal.

The Australian Competition and Consumer Commission has blamed "a flaw in its website content management system" for publishing information about the proposed merger between TPG Telecom and Vodafone Hutchison Australia a day before it was supposed to be made public.

Published in Telecoms & NBN

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.

Published in Telecoms & NBN
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