TPM 0.00% $8.93 tpg telecom limited

It is not a merger of equals. The VHA debt is taken away before...

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    It is not a merger of equals. The VHA debt is taken away before the merger.

    In reality, if the merger is not approved we will most likely end up with only two providers. VHA is in an awful position. Their debt is huge and they have lost the appetite to throw more money into the bottomless pit.
    Selling off their Australian operation would not recover anywhere near the money spent.

    A merger with TPG gives the opportunity to grow the business and, with profitability, start to recover the costs invested.

    The Court should give greater thought to 'Will Vodafone Australia collapse?' leaving less competition compared to 'Will TPG build a network?'
 
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