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AAP
AAP
Business
Derek Rose

Ruling on Telstra-TPG deal due in December

Telstra would obtain much of TPG's spectrum in regional areas as part of a $1.8 billion pact. (Mick Tsikas/AAP PHOTOS) (AAP)

The competition watchdog has formed the preliminary view Telstra and TPG's spectrum-sharing agreement would improve regional coverage but it isn't ready to approve the deal.

The Australian Competition and Consumer Commission said on Friday TPG and Telstra had agreed to give it a second extension to decide on the $1.8 billion pact struck in May.

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