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Wireless

3 Austria under pressure from EU to sell spectrum

Thursday 18 October 2012 | 10:20 CET | News
Hutchsion 3G Austria (3 Austria) is under pressure from EU Competition Commissioner Joaquin Almunia to sell off spectrum as a condition for approval for its proposed takeover of Orange Austria, reports the Financial Times. According to sources involved in the negotiations, Almunia is determined to indicate his his intent to maintain and even increase competition in the European telecoms market. He has already objected to the deal as it reduce the number of networks operators in Austria from four to three. Despite offering to open its network to rivals at a cheaper rate for wholesale access,

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Categories: Mobile & Wireless
Companies: 3 Austria / Orange Austria
Countries: Austria / Europe
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