ACCC warns Telstra on ambitions

In wake of pulled Adam bid, regulator warns telco will face harsh scrutiny.

Telstra Corporation Ltd has been warned by the competition regulator that any attempts by the telecom giant to extend its share of the broadband market by buying or building a low-cost brand will come under harsh scrutiny, according to The Australian Financial Review.

Reports of increased scrutiny come in the wake of the collapse of Telstra's attempt to buy South Australian internet service provider Adam Internet for $60 million. The proposed deal collapsed after nine months of regulatory hurdles.

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