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Regulator clouds bid for Adam Internet
Dec 20, 2012 (The Australian - ABIX via COMTEX) --
The Australian Competition & Consumer Commission (ACCC) has expressed concern about Telstra's takeover of Adam Internet. ACCC chairman Rod Sims says Adam Internet is a major competitor to Telstra in its home market of South Australia. The regulator has not yet made a final decision on the deal, and has invited submissions from the telecommunications industry in order to assist with the process.
Publication Date: 21 December 2012
TELSTRA CORPORATION LIMITED - ASX TLS
ADAM INTERNET PTY LTD
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION
IINET LIMITED - ASX IIN
MACQUARIE TELECOM GROUP LIMITED - ASX MAQ
VODAFONE HUTCHISON AUSTRALIA PTY LTD
QANTAS AIRWAYS LIMITED - ASX QAN
JETSTAR AIRLINES PTY LTD
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