MTU 0.00% $12.17 m2 group ltd

MTU M2 Bids $1.5b for IINET, page-27

  1. DSD
    15,757 Posts.
    Headline in today's Oz sez: 'Telstra chief executive Andy Penn says he will sacrifice margins and revenue growth to maintain mobile supremacy.'

    Can't get whole article but clearly TLS willing to take a big haircut on margins to smash the opposition from taking Telstra customers. Fortunately they have the firepower. Small telcos should pay heed hence my bearishness re them.
 
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