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Vocus' play for TPG Telecom's fixed-line business approved by Australian regulator

( March 20, 2025, 00:11 GMT | Official Statement) -- MLex Summary: The Australian telecommunications company Vocus Group’s bid to acquire TPG Telecom’s fixed-line business, enterprise, government and wholesale-customer base, along with its fiber and transmission networks, is not opposed, the country’s competition regulator has said. In a statement today, the Australian Competition & Consumer Commission said Vocus focuses on supplying large enterprise and government customers, while TPG focuses on the small and medium enterprise segment of the market. The regulator said it did not find that the acquisition would likely result in substantial lessening of competition in any market.The full statement by the Australian Competition & Consumer Commission follows:...

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