We show that symmetric planar waveguides made of a film composed of a type II hyperbolic metamaterial, where the optical axis (OA) lays parallel to the waveguide interfaces, result in a series of topological transitions in the dispersion diagram as the film electrical thickness increases. The transitions are mediated by elliptical mode branches, which, as soon as they grow from cutoff, coalesce along the OA with anomalously ordered hyperbolic mode branches, resulting in a saddle point. When the electrical thickness of the film increases further, the merged branch starts a transition to hyperbolic normally ordered modes with propagation direction orthogonal to the OA. In this process, the saddle point is transformed into a branch point where a new branch of Ghost waves appears and slow light is observed for a broad range of thicknesses.
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