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An $820 million tax credit for historical tax losses lingering on Vodafone s balance sheet didn t hurt. But to be fair, TPG had to rip out much of its 5G infrastructure and install Nokia antennas, after Canberra barred Huawei from participating in Australia s national 5G rollout. COVID-19 hammered its pro-forma figures: a standard measure in mergers and acquisitions, comparing post-merger results with simulated ones for the financial year before, had the merger been effective then. Fewer overseas visitors, including students, came to Australia to pay roaming. And the provider shuttered shops during the height of the pandemic and extended relief to customers whose finances were especially hit by the coronavirus.

Australian capital territoryAndrew pennDavid teohWhile australia national broadband networkConsumer commissionVodafone hutchinsonNational broadband networkHutchinson australiaVodafone australiaAustralian competitionFederal courtஆஸ்திரேலிய மூலதனம் பிரதேசம்ஆண்ட்ரூ பென்போது ஆஸ்திரேலியா தேசிய பிராட்பேண்ட் வலைப்பின்னல்நுகர்வோர் தரகுவோடபோன் ஹட்சின்சன்