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Wireless

EC suspends investigation of E-Plus takeover

Thursday 8 May 2014 | 15:45 CET | News
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The European Commission has halted its investigation of Telefonica's proposed takeover of German operator E-Plus. While the deadline for a decision on the deal was 23 June, the EC halted the process on 05 May as Telefonica did not submit a number of required documents on time, a spokesman for the EU's competition authorities said. Telefonica Germany said in the presentation of its quarterly results that it would only be a short delay in the process. It still expects the EC to take a decision by the end of June. 

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