Trade Resources Company News Telstra's Proposed Acquisition of Adam Internet Has Hit Another Hurdle

Telstra's Proposed Acquisition of Adam Internet Has Hit Another Hurdle

Telstra's proposed acquisition of Adam Internet has hit another hurdle, with the telco giant asking the competition watchdog to indefinitely suspend its review of the merger just a week before its fate was to be decided.

The Australian understands that Telstra requested the suspension in order to allay the Australian Competition & Consumer Commission's concerns over its ability to offer more favourable wholesale terms to Adam Internet.

Source: http://www.theaustralian.com.au/australian-it/telecommunications/telstra-faces-delay-in-adam-deal/story-fn4iyzsr-1226564584583
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Telstra Faces Delay in Adam Deal