Shares of TPG Telecom (ASX:TPG) have taken a hit, falling up to 3.4% to A$5.190, hitting their lowest level since August 1.

This comes as the exclusive due diligence period granted to the Macquarie-backed Vocus Group for a A$6.3 billion ($3.97 billion) bid for TPG Telecom’s non-mobile fiber assets has expired.

It marks the worst day for the company’s stock since August 2, given the current loss rate.

Despite the recent fall, the company shares have ascended 9.8% this year, as reported after the last close of shares.

The telecom company continues to discuss commercial terms of the deal, with the A$6.3 billion consideration susceptible to change.

TPG Telecom (ASX:TPG) is one of the major telecom providers in the country.