TPG Scraps Plan to Start a Mobile Network in Australia

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TPG Scraps Plan to Start a Mobile Network in AustraliaTPG Telecom Ltd. scrapped plans to roll out a mobile network in Australia, citing the government’s decision to bar the use of Huawei Technologies Co. equipment in next-generation wireless networks.TPG, which had chosen the Chinese telecommunications giant as its principal equipment vendor before the government’s ban, said in a statement Tuesday that it “does not make commercial sense” to now move forward with the new network. Key InsightsAbandoning the rollout of its own mobile network potentially removes a key objection from the competition regulator to TPG’s proposed merger with Vodafone Hutchison Australia Pty.The announcement is among the first signs the government’s ban on Huawei is impacting the telecommunications industry in Australia.


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