Telstra and TPG Telecom have put their long-running feud on network sharing to bed, signing a 10-year mobile infrastructure sharing deal that will boost Telstra’s revenue while helping TPG improve its mobile coverage, reported WA Today.
The agreement, announced on Monday, gives TPG access to around 3700 Telstra mobile towers in regional Australia and on urban fringes – areas where Telstra has traditionally been the dominant service provider. If approved, the deal will increase TPG’s coverage from 96 per cent to around 98.8 percent of the population.
The infrastructure swap will also see Telstra gain access to TPG’s 4G and 5G spectrum holdings, providing the incumbent telco cost-effective access to spectrum that will help expand its fixed wireless services.
It is also expected to deliver between $1.6 billion and $1.8 billion of revenue to Telstra over the term of the agreement.
The deal is subject to approval by the Australian Competition and Consumer Commission (ACCC), with the competition regulator’s outgoing boss Rod Sims saying the proposed tie-up will be closely scrutinised.
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