(Reuters) -Australia’s competition regulator said on Monday it is seeking views on the acquisition of local telecoms operator TPG by Macquarie-backed telecoms group Vocus for A$5.25 billion ($3.39 billion). . telecommunications (BCBA:) enterprise, government and wholesale (EG&W) fixed business and fiber network assets.
The Australian Competition and Consumer Commission (ACCC) said it is seeking views from interested parties on the likely impact on pricing and service quality in the provision of fixed-line voice services, data networks and connectivity services, among other consultations, if the agreement were to be finalized. receive approval.
TPG Telecom announced the deal in October, saying it would retain its radio network infrastructure, mobile and fixed and wireless retail businesses after Vocus acquired its fixed and fiber assets.
The ACCC has invited interested parties to make submissions on the acquisition by December 2, while providing February 13, 2025 as a provisional date for announcing the findings of the ongoing review.
TPG Telecom said in an emailed response to Reuters that it is committed to working closely with the ACCC and Vocus “to ensure this review process is concluded as quickly and efficiently as possible.”
Vocus Group declined to comment.
($1 = 1.5468 Australian dollars)