TPG Telecom Ltd (ASX:TPG) is one of Australia’s largest broadband and mobile phone providers, with around 2 million broadband subscribers. In 2018, TPG planned to merge with the owner of Vodafone Australia, Hutchison Telecommunications (ASX: HTA), in a potential $15 billion deal at the time, with legal proceedings finishing in 2020. The company now trades under the ticker code ‘TPG’ on the ASX.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 0.30% on Thursday.
Are Telstra Corporation Ltd (ASX:TLS) shareholders laughing after the ACCC blocked the merger of TPG Telecom Ltd (ASX:TPM) and Vodafone Hutchinson (ASX:HTA)?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.16% on Wednesday.
The TPG Telecom Ltd (ASX:TPM) share price came crashing down on Wednesday after the ACCC “inadvertently” released its final verdict early on the TPG and Vodafone Australia merger.
The TPG Telecom Ltd (ASX:TPM) share price has dived 14% this afternoon after the ACCC’s decision was prematurely announced.
The Telstra Corporation Ltd (ASX:TLS) share price has bounded higher over the past year, which is great unless… you’re me.
I think TPG Telecom Ltd (ASX:TPM) is a better telco pick than Telstra Corporation Ltd (ASX:TLS).
The Telstra Corporation Ltd (ASX:TLS) share price opened higher today, pushing the shares to a 12-month high. Will it keep going higher?
