Telstra and TPG Telecom have put their long-running feud on network sharing to bed, signing a 10-year mobile infrastructure sharing deal that will boost Telstra’s revenue while helping TPG improve its mobile coverage, reported WA Today.
The agreement, announced on Monday, gives TPG access to around 3700 Telstra mobile towers in regional Australia and on urban fringes – areas where Telstra has traditionally been the dominant service provider. If approved, the deal will increase TPG’s coverage from 96 per cent to around 98.8 percent of the population.
The infrastructure swap will also see Telstra gain access to TPG’s 4G and 5G spectrum holdings, providing the incumbent telco cost-effective access to spectrum that will help expand its fixed wireless services.
It is also expected to deliver between $1.6 billion and $1.8 billion of revenue to Telstra over the term of the agreement.
The deal is subject to approval by the Australian Competition and Consumer Commission (ACCC), with the competition regulator’s outgoing boss Rod Sims saying the proposed tie-up will be closely scrutinised.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ADM CFO Resigns Amidst DOJ Investigation into Accounting Issues
Apr 23, 2024 by
CPI
FTC Throws the Bag: Tapestry’s Capri Deal Blocked Over Market Monopoly Concerns
Apr 22, 2024 by
CPI
Italy’s Antitrust Authority Investigates Enel’s Communication of Energy Price Hikes
Apr 22, 2024 by
CPI
UK Data Regulator Uncovers Flaws in Google’s Privacy Sandbox Proposal
Apr 22, 2024 by
CPI
Japan’s Antitrust Body Orders Google to Amend Ad Search Practices
Apr 22, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI