Media reporting

Australia's consumer watchdog, the Australian Competition and Consumer Commission, is taking Telstra, Optus and TPG to court, alleging they misled consumers over NBN speeds.

The ACCC alleges the companies made false or misleading representations with respect to promotions. It is also alleged they all wrongly accepted payments from customers when they were not provided with promised speeds.

Link to article. 

As a holder of ABB, I would be lying if I said I wasn't a little relieved that they also haven't been implicated (touch wood). I will be surprised if this doesn't have an impact on TPG and Telstra share prices when the market opens tomorrow.