Potential $100m windfall for Spark from TPG-Vodafone deal
Wheeling and dealing across the Tasman creates an opportunity.
Chris Keall Wed, 29 Aug 2018
Spark stands to potentially make a quick $100 million if a proposed merger of Vodafone Australia and TPG Telecom goes ahead.
A quick history lesson is needed here. Back in 2001, the company then known as Telecom shelled out $A250m for a 10% stake in Hutchison Australia, operator of the "3"
