Vocus Group, backed by Macquarie, is set to acquire TPG Telecom’s enterprise, government, and wholesale (EG&W) fixed business and fibre network assets for A$5.25 billion ($3.39 billion).
The Australian Competition and Consumer Commission (ACCC) has initiated a review, seeking feedback from stakeholders.
Concerns include the deal’s potential impact on prices and service quality in fixed-line voice services, data networks, and connectivity services.
Public submissions are invited until December 2, 2024.
The ACCC plans to release its provisional findings on February 13, 2025.
After the sale, TPG Telecom will retain its radio network infrastructure, mobile and fixed retail, and wireless businesses.
TPG Telecom is committed to collaborating with the ACCC and Vocus for a swift review process.
Vocus Group declined to comment.
The deal marks a significant consolidation move in Australia’s telecom sector, with regulatory approval being a crucial step.
