Optus Ups 4G Challenge With Vividwireless Purchase

The ongoing consolidation in Australia's fixed broadband industry has shifted to the mobile segment after Optus announced on February 20 that it has entered into a conditional agreement to acquire vividwireless Group (VGL) from Seven Group Holdings (SGH). Given a resurgent Telstra, BMI believes that Optus is keen to avoid letting the mobile market leader gain another strong foothold in the Australian mobile data market.

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