TPG and Vodafone Hutchison Australia have announced that they will proceed with their merger to form a telecommunications giant that they say will have an enterprise value of approximately AU$15 billion.
Sing it..
Two strong hearts,
We stick together like the honey & the bee,
But we’ll be called TPG!
Poised to become Australia’s 2nd largest telco in the next five years. Optus potentially getting the ass by a compatriot of it’s Singaporean parent.
Source: TPG and Vodafone Australia to merge into AU$15b telco named TPG | ZDNet