[AusNOG] TPG vs the World

[Damian Guppy]

Lets just take TPG, M2, iiNet, Amcom, and Vocus, and merge them all into
one giant company. That way we can stop all this fighting. We can take the
names of the top two companys (TPG and M2) and combine their names to be T2.

Wait....

But seriously, it is clear TPG is just blocking the Vocus+Amcom stuff just
because they don't want that competition. I wouldn't call it "toys being
thrown out of the sandbox" but just very very aggressive corporate dealings
by TPG. At some point they are bound to cross the line, and this could be
that line. Consolidation in the telco sector is inevitable thanks to the
NBN.

--Damian

On Thu, Apr 30, 2015 at 10:25 AM, Brad Peczka <brad at bradpeczka.com> wrote:

> TPGs campaign to own every customer and strand of fibre in Australia
> continues, with an announcement from Amcom this morning (
> http://www.asx.com.au/asxpdf/20150430/pdf/42y7jb0tv5530k.pdf) stating
> that they intend to refer TPGs actions and purchase of a blocking stake to
> the ACCC.
>
> There was a related article on ITNews (
> http://www.itnews.com.au/News/403386,tpg-boosts-amcom-stake-to-block-vocus-merger.aspx),
> in which James from Vocus makes some choice quotes - my personal favourite
> being "And that's the shame of it, one anti-competitive telco is affecting
> the value and the future of 9000 mums and dads. It's disgusting really."
>
> From the outside looking in, the whole TPG/Vocus/Amcom thing smacks of
> toys being thrown out of the sandbox because TPG can't have it all their
> way. The act of buying shares to block a merger without making a competing
> offer screams anti-competitive behaviour, though there's no undertaking
> that TPG won't make a bid for Amcom at a later date (and lower price?) if
> the Vocus deal gets scuttled?
>
> Looks like interesting times ahead for all involved in the iiNet and Amcom
> deals...
>
> Regards,
> -Brad.
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