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Vocus Communications and M2 Group agree to merge, creating a telecommunications company valued at over AUD 3 billion. This consolidation is part of a larger trend in the Australian telecommunications industry aimed at challenging the dominance of Telstra. The merger positions the combined entity as the fourth-largest telecoms company in Australia by market value and the third largest in New Zealand, narrowing the gap with Telstra.
Saturday, 26 September, 2015