Trade Resources Industry Views Bill Morrow Stepped up Calls for Competition Regulator

Bill Morrow Stepped up Calls for Competition Regulator

VODAFONE Australia chief executive Bill Morrow has stepped up calls for the competition regulator to trigger a regulatory review of Telstra's dominance of the mobile and fixed-line telecommunications markets.

Speaking at a strategy update at Vodafone's headquarters in North Sydney yesterday, Mr Morrow said the Australian Competition & Consumer Commission should investigate Telstra's unfettered ability to funnel the near-monopoly profits it reaps from its fixed-line business back into its mobile operations, arguing that the practice leaves the rest of the $40 billion-a-year telco sector at a disadvantage.

Source: http://www.theaustralian.com.au/australian-it/vodafone-calls-for-telstra-probe/story-e6frgakx-1226615278823
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