TPG Telecom chairman David Teoh has resigned after many years developing the major force in the Australian telecommunications industry, and shares fell to a record low.
The proposed merger between Vodafone Australia and TPG Telecom has received the green light from the Foreign Investment Review Board, taking it another step closer to completion.
A $15 billion merger between Vodafone Australia and TPG Telecom has been given the green light in the federal court, but the consumer watchdog says it will cause mobile data prices to rise.
TPG Telecom is raising $300 million through a placement of shares to local and overseas institutions to repay debt accrued during its acquisition of Perth-based rival iiNet.
The competition watchdog has given the go-ahead for Vocus Communications to merge with M2 Group in a $3 billion deal that will create Australia's fourth largest telco.
The setting sun cast a warm glow over the decks of the imposing Osman Gazi, the impressive venue for the sixth annual WA Business News 40under40 awards held last month.
