they planned to take on the bigger rivals, it telstra and optus.ch combines tpg fibre network and vodafone mobile system is sending share prices on both sides of the deal soaring on the syd ney sides of the deal soaring on the sydney stock exchange. it comes as australian predication sectors face of people from the rollout of a government owned nbn which is a dented internet profitability and driven price credibility into the market. they have given it the thumbs up to this deal, saint combining fixed and mobile assets, the new tpg will be in a position to compete with optus. if you take a look at the share price, they are really soaring. tpg jumping 15% while you have the tightly held shares to the highest level in ii yea rs. as shares to the highest level in ii years. as for telstra, its stock is rising by 2.5%. as part of the deal, tpg says it will spin off the singapore mobile business, separating it from the new merged company. it seems like this deal will materialise by 2019. thank you and nice to see you, ricoh. —— rico. now let's brief you

telstra and optus.d or born in australia. vodafone's australian operations and tpg telecom will create this brand—new mobile fixed line and broadband provider. $11 billion, the mergers we re provider. $11 billion, the mergers were that much. effectively it will be big enough according to analysts to match the scale of their rivals in the country. telstra and optus. the new entity which will be called tpg is already being given a thumbs—up by investors. shares from both the companies stored in australia. an analyst saying that consumers in theory should get better service and hopefully lower prices, too. broadband service in australia is one of the biggest complaints for people over there. many have said that it is far too slow and the quality is just not good enough. the move comes of course as australia's telco sector has been facing uncertainty because of the roll—out from the government —— a government owned broadband wholesale which has impacted if done that internet profitability. and from china. c

be big enough, according to analysts, to match the scale of the rivals in the country, telstra and optusalled tpg, has already been given a thumbs up, as shares soar across australia. analysts say that it should result in better service and lower prices. it is one of the biggest complaints over there, broadband, many it is one of the biggest complaints overthere, broadband, many say it is one of the biggest complaints over there, broadband, many say it is too slow and equality is not good enough. the move comes as australia's telco sector faces uncertainty because of a from the government of a government owned broadband wholesaler which has impacted internet profitable as you. thank you very much for that update. now it is time to check the global financial markets. a mixed picture in asia, despite the nikkei surging again. the tech heavy nasdaq extended gains, closing at a record for a fourth session. the dowjones was also up. let's look at the situation in europe. as you can see, they have opened lower, the major industries. there is still concern about the growing trade talks about th

that's an optus mizzen that falls on every citizen. nobody lived up to a better than the movement people in the civil rights era. including jesse and many, many other heroes who are here tonight. to me as a white southerner, who studied this movement now for 35 years, i think there is no greater miracle than a people who have been denied anything but the whiplash of our professional liberty nevertheless have the political genius and indescribable courage to lift the rest of us toward the meaning of our own professed values. dr. king left a legacy, even after he died. it was published in look magazine, he wrote it just before he came to memphis. it was published after his funeral. in which he said the american people are infected with racism . that is a problem. the american people are also infected with democratic idealism. there is our hope. thank you. thank you, mr. branch. that was wonderful. we will have a book signing with taylor branch at the rose theater, outside of the rose theater for the next 30 minutes, if anybody would like