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Wireless

EC green lights Wind-3 Italia merger

Thursday 1 September 2016 | 12:54 CET | News
The European Union's antitrust authorities have approved the merger of Italian mobile operators Wind and 3 Italia after parent companies VimpelCom and CK Hutchison agreed to free up assets to help France's Iliad create a fourth network operator. The entry of Iliad was key to securing the European Commission's approval after it blocked CK Hutchison's proposed merger of its 3 UK subsidiary with Telefonica's O2 UK earlier this year. "We can approve the deal because Hutchison and VimpelCom have offered a strong remedy that enables a new mobile network operator, Iliad, to enter the Italian

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Categories: Mobile & Wireless
Companies: 3 Italia / European Commission / Iliad / O2 UK / Telecom Italia / Telefonica / TIM / Vimpelcom / Vodafone Italia / Wind
Countries: Italy
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