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Wireless

EC extends Wind-3 Italia merger investigation to 18 August

Friday 22 April 2016 | 14:43 CET | News
The European Commission has announced a one-week extension to its investigation into the proposed merger of Wind and 3 Italia, the Italian subsidiaries of VimpelCom and Hutchison Whampoa. The EC's decision will now be issued on 18 August after the companies asked for more time to finish the 50-50 merger first announced in August last year. However, European competition regulators last month said they would be carrying out an in-depth probe of the deal due to concerns that the transaction could lead to higher prices and less choice for mobile customers in Italy.

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Categories: Mobile & Wireless
Companies: 3 Italia / European Commission / Hutchison Whampoa / Vimpelcom / Wind
Countries: Italy
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