TPG's claims that Huawei ban scuttled mobile network aren't credible, Australian watchdog says
By James Panichi ( September 10, 2019, 06:17 GMT | Insight) -- A government ban on Huawei technology had no impact on the viability of TPG Telecom’s planned rollout of a 5G network, Australia’s competition watchdog told a court today, arguing that TPG had simply made the claim “in the heat” of its planned merger with Vodafone Hutchison Australia. Lawyers for the Australian Competition & Consumer Commission told the Federal Court of Australia that TPG and Vodafone had been so keen to see their planned $10.2 billion merger go through that TPG had quickly backtracked on established and documented plans to build a mobile network.A government ban on Huawei technology had no impact on the viability of TPG Telecom’s planned rollout of a 5G network, Australia’s competition watchdog told a court today, arguing that TPG had simply made the claim “in the heat” of its planned merger with Vodafone Hutchison Australia. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.