ComCom delays decision on TelstraClear sale

Decision on whether Vodafone can buy TelstraClear pushed back a week

The Commerce Commission has for the second time delayed its ruling on whether to allow Vodafone to buy TelstraClear.

A decision on whether to allow the sale had been due to be announced today, however it has now been pushed back a week to October 30.

In July Vodafone announced its intention to buy TelstraClear from telco Telstra for $840 million. The Commerce Commission was originally to have ruled on whether to allow the decision on September 7.

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