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Wireless

EC starts Phase II investigation into T-Mobile NL takeover of Tele2 NL

Tuesday 12 June 2018 | 16:50 CET | News
Tele2 said the European Commission (EC) has announced its decision to initiate a Phase II investigation into the acquisition of Tele2 Netherlands by T-Mobile Netherlands. The group said the move is expected and in line with expectations the deal will close during the second half of this year. The EC now has 90 working days to reach a final decision, to see if the transaction is compatible with EU merger rules: in principle, this implies a decision in the fourth quarter.

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Categories: Mobile & Wireless
Companies: Deutsche Telekom / T-Mobile
Countries: Netherlands
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