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General

Macquarie fights TPG-iiNet planned tie-up

Monday 6 July 2015 | 11:58 CET | News
Australian business services provider Macquarie Telecom has warned the Australian Competition and Consumer Commission that TPG's takeover of iiNet will generate a collapse of the wholesale broadband market, The Australian reports. Macquarie claims that TPG's AUD 1.56 billion takeover of iiNet will cause a catastrophic collapse of the wholesale broadband market and force a fundamental rethink on the economics of the National Broadband Network. The warning was made by Macquarie Telecom in a letter submitted to the Australian Competition and Consumer Commission's investigation into TPG's planned

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Categories: General
Companies: Australian Competition and Consumer Commission / iiNet / Macquarie Telecom / Optus / Telstra / TPG / Vodafone
Countries: Australia
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