Commerce Commission approval no done deal – analysts weigh in on Vodafone-TelstraClear deal
Chris Keall Fri, 13 Jul 2012
The relatively high price Vodafone paid for TelstraClear ($840 million or around 6x ebitda) is a signal it is “clearly committed to taking on the incumbent,” Deutche Bank’s Geoff Zame says.
“Telecom will retain its leading position in market revenues ($4.5 billion vs. $2.5 billion) and