It all 'depends' on a variety of factors: In line with Telstra's...

It all 'depends' on a variety of factors: In line with Telstra's own strategic goals? Synergies potentially gained? Supplementary income levels to operations etc? Relationships (or lack of) between Management of both entities (as well as incentives offered)? Other suitors? ACCC decision.

Although another poster has commented that the ACCC would not allow such an acquisition, I, personally, feel M&A's have been getting the green light with not too much trouble.

But in the end...Who knows?