0
General

EC poised to approve Orange-Jazztel merger - report

Monday 4 May 2015 | 09:08 CET | News
The European Commission is set to approve Orange's proposed EUR 3.4 billion takeover of Spanish operator Jazztel after attaching a series of strict conditions to the deal, according to unnamed sources cited by Reuters. Orange submitted a number of concessions to the EC last month in an attempt to ease concerns about the competitive implications of the takeover. The concessions included a commitment to sell overlapping assets, including parts of Jazztel's fibre optic network, and to offer broadband capacity to rivals on a wholesale basis. The EC's antitrust authority finally accepted the

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: European Commission / Jazztel / Masmovil / Orange / Yoigo
Countries: Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Orange secures EC approval of EUR 3.4 bln Jazztel takeover

Published 19 May 2015 14:34 CET | Spain
Orange has secured the European Commission's approval of its EUR 3.4 billion takeover of Spanish broadband operator Jazztel after ...

Orange to sell Jazztel fibre assets to get EC approval

Published 06 May 2015 08:42 CET | Spain
Orange has started negotiations with potential buyers of parts of Jazztel's fibre assets as part of the conditions for securing ...

Yoigo CEO hints at MasMovil deal

Published 04 May 2015 09:54 CET | Spain
The CEO of Spanish mobile operator Yoigo has suggested the company may have to purchase smaller rival MasMovil to continue ...

Jazztel Q1 sales up 5% to EUR 298 mln, EBITDA up 16%

Published 30 Apr 2015 09:49 CET | Spain
Spanish operator Jazztel reported a 5 percent year-on-year increase in revenues in the first quarter to EUR 297.5 million, while ...

Orange Spain revenues down 5% in Q1, doubles FTTH customers

Published 28 Apr 2015 09:00 CET | Spain
Orange Spain reported first quarter revenues of EUR 928 million at 31 March, down 5.0 percent on last year's first quarter return ...

Spain regulator concerned about telecoms competition

Published 23 Apr 2015 15:17 CET | Spain
The president of Spain's communications regulator CNMC has raised fears about the competitive implications of Orange's imminent ...

Euskaltel, Telecable also interested in Orange Spain assets

Published 22 Apr 2015 10:12 CET | Spain
Spanish regional cable operators Euskaltel and Telecable, present in the Basque Country and Asturias respectively, have joined ...

Spanish mobile market contracts 13%, will Yoigo survive as 4th MNO?

Published 20 Apr 2015 14:35 CET | Spain
Spanish mobile operators are turning to consolidation opportunities and developing low-cost offers in an attempt to weather the ...

EC resumes Orange-Jazztel probe, sets new 01 June deadline

Published 01 Apr 2015 09:22 CET | Spain
The European Commission has resumed its investigation into Orange's proposed takeover of Spanish operator Jazztel, setting a new ...

Yoigo negotiating with EC over Orange Spain network - report

Published 25 Mar 2015 14:11 CET | Spain
Spain's fourth largest mobile operator, Yoigo, has opened negotiations with the European Commission over the possibility of ...

Orange offers to cede network to smaller Spanish operator

Published 23 Mar 2015 10:02 CET | Spain
Orange is prepared to transfer part of its network assets to a smaller Spanish operator as part of its efforts to persuade the ...

Orange presents Essentials2020 strategic plan

Published 17 Mar 2015 10:04 CET | France
Orange has presented its 'Essential2020' 5-year plan, focused on customers, ranging from those who value price over all else to ...

EC sets out objections to Orange-Jazztel deal - report

Published 27 Feb 2015 14:16 CET | Spain
The European Commission's competition authority has sent a document to Orange and Jazztel setting out its concerns about their ...