Telstra-TPG deal rejected by ACCC

The Australian Competition and Consumer Commission (ACCC) has blocked a network sharing deal between Telstra, Australia’s largest telecom operator, and TPG Telecom, the country’s second MNO.
First announced in February, the spectrum and tower sharing deal, which was expected to be around AUS$1.7 billion, would have seen Telstra acquire around 3,700 TPG sites, while allowing TPG to continue to sell 4G and 5G services to customers. The two MNOs have said they will be appealing against