Original article by James Fernyhough
The Australian Financial Review – Page: 17 & 22 : 10-May-19
In the wake of the ACCC’s decision to block a proposed merger with Vodafone, TPG Telecom has indicated that it has no plans to build a mobile network. TPG terminated work on its own network in early 2019, after the federal government banned Huawei from supplying equipment for Australia’s 5G network. TPG argues that the Chinese company is the only supplier of 5G equipment that is compatible with the 4G technology that TPG has already installed.
TPG TELECOM LIMITED – ASX TPM, VODAFONE HUTCHISON AUSTRALIA PTY LTD, VODAFONE AUSTRALIA LIMITED, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NOKIA AUSTRALIA PTY LTD, ERICSSON AUSTRALIA PTY LTD, AUSTRALIAN COMMUNICATIONS CONSUMER ACTION NETWORK LIMITED, IBISWORLD PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, MOODY’S INVESTORS SERVICE INCORPORATED