Optus announces $1.6bn network sharing deal with rival TPG

Chief of Singtel-owned company says a similar deal it opposed between TPG and Telstra ‘very different in that Optus is not the dominant player’

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Optus has announced a $1.6bn network sharing agreement with its rival TPG after lobbying against a similar deal between TPG and Telstra, which was kiboshed by the competition tribunal last year.

The Singtel-owned company and Vodafone’s parent company said on Monday the agreement will see TPG more than double its 4G coverage to 1,000,000 sq km and reach 98.4% of the population.

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