TPG Telecom, Optus strike $1.6b regional phone network deal

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TPG and Optus will compete more aggressively with Telstra for mobile phone and internet customers after teaming up to expand services in regional Australia.

Already a subscriber?TPG Telecom and Optus will compete more aggressively with Telstra for mobile phone and internet customers after teaming up in a $1.6 billion deal to expand services in regional Australia.

Optus and TPG have been talking seriously since late 2023 over an alternative sharing plan, Mr Berroeta said.TPG will pay Optus service fees of $1.59 billion over 11 years to create a “multi-operator core network”. The new regional network, which requires regulatory approval and is not expected to be available until 2025, essentially combines two existing networks operated separately by TPG and Optus.

Source: Tech Daily Report (techdailyreport.net)

 

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