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Wireless

EC approves Telefonica takeover of E-Plus

Wednesday 2 July 2014 | 11:48 CET | News
The European Commission has approved Telefonica's takeover of German mobile operator E-Plus from KPN. The merger of E-Plus with Telefonica's O2 will reduce the German market to three mobile networks from four and is expected to help O2 compete better with market leaders Telekom Deutschland and Vodafone. To secure approval for the takeover, Telefonica committed to reserve up to 30 percent of its network capacity for MVNOs. It earlier announced an agreement to provide the network capacity to Drillisch. Telefonica will also be required to divest spectrum to a new player on the market and

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Categories: Mobile & Wireless
Companies: Drillisch / E-Plus / European Commission / KPN / O2 / Telefonica
Countries: Germany
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