Australia's antitrust regulator has hurt competition, not helped it, by blocking a $15 billion merger between the third- and fourth-largest telecoms providers, a lawyer for one of the companies told a court on Tuesday.
Mobile telco Vodafone has admitted to making false and misleading representations about its third-party direct carrier billing services and will contact and refund impacted customers.
If a Vodafone-TPG merger does not go ahead, it is likely to lead to lower mobile prices for Australian consumers, the Australian Competition and Consumer Commission (ACCC) believes.
The National Broadband Network (NBN) is a “catastrophe” that has “failed to deliver on its promise” according to Huawei Australia’s chief technology officer.
Although the Australian government has blocked the company from participating in the rollout of telcos’ 5G networks, Huawei says it has registered strong growth in its local carrier business.
No company wants to be associated with a data breach, but if your systems are compromised the fallout can sometimes be more damaging than the act itself.
Following a three month investigation, the Australian Competition and Consumer Commission (ACCC) has given the greenlight for the merger of Vodafone and Hutchinson to go ahead.
Hutchison has flagged that its future in Australia could be in doubt if its proposed merger with Vodafone is not given the green light by the ACCC, its CEO Nigel Dews has said.
