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General

CNMC clears Masmovil's EUR 372 mln acquisition of Lycamobile Spain

Monday 8 June 2020 | 09:55 CET | News
Spain's communications and markets watchdog CNMC has approved the Masmovil group's acquisition of MVNO Lycamobile Spain without imposing any conditions. In a statement, the regulator gave its green light to a transaction that "cannot be expected to pose a threat to effective competition in the markets considered" on the grounds that the cumulative shares of the companies in question are less than 15 percent of the country's total retail mobile telecommunications market.

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Categories: General
Companies: Lycamobile Spain / Masmovil
Countries: Spain
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