Australia's TPG Telecom and Optus, owned by Singapore Telecommunications, have signed network-sharing agreements to increase TPG's coverage and cut capital spending, the companies said on
, have signed network-sharing agreements to increase TPG's coverage and cut capital spending, the companies said on Monday .
"This network sharing arrangement will reset the competitive landscape for mobile services in regional areas," TPG Telecom CEO Iñaki Berroeta said. TPG said it expected to avoid incurring cumulative gross cash costs of A$575 million to A$675 million.
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