• ACCC will not oppose Vocus' proposed acquisition of TPG's enterprise, government and wholesale business
• Acquisition includes TPG's fibre network, data centres and wholesale products/services
• ACCC found competition will remain strong in the supply of services to large enterprise and government customers

The ACCC has announced it will not oppose Vocus Group Limited's proposed acquisition of TPG Telecom Limited's fixed line business, enterprise, government, and wholesale customer base as well as its fibre and transmission networks. Vocus supplies fibre and network services to government, enterprise and wholesale customers, as well as communications and technology services to small and medium sized businesses, and retail telecommunications services to consumers. TPG is a major telecommunications company which supplies fixed broadband services to consumers, business and government customers, as well as wholesale telecommunication services. The ACCC's review focused on how closely Vocus and TPG compete in the supply of data network and connectivity services, including fixed-line internet services, to large enterprise and government customers. The ACCC found that Vocus concentrates on supplying large enterprise and government customers, whereas TPG focuses on the small and medium enterprise segment of the market. The ACCC noted that the introduction of NBN Co's wholesale Enterprise Ethernet product in 2018 has significantly reduced barriers to entry and expansion to supplying large customers, enabling providers with no or a small fibre footprint to compete for larger customers. The ACCC concluded that after the acquisition, Vocus will continue to face strong competitors including Telstra, Optus, Aussie Broadband, Superloop and managed service providers in supplying government, large enterprise, and SME customers. The ACCC also considered the impact of the acquisition in the supply of fixed line voice services, NBN wholesale aggregation services, and data centre, cloud and security services, and did not find that the acquisition would likely result in substantially lessening competition in any market.