TPG's Entry into Australia Is Credit Negative for Telstra and Optus
ISSUER COMMENT CORPORATES APRIL 20, 2017 TPG’s Entry into Australia Is Credit Negative for Telstra and Optus From Credit Outlook On 12 April, TPG Telecom Limited (unrated) confirmed that it had acquired 700 megahertz spectrum in Australia’s April 2017 auction, making it Australia’s fourth mobile operator. The spectrum license takes effect 1 April 2018. Importantly, TPG said that it intends to win
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