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General

EC's Ansip backs cross-border, not intra-country mergers

Tuesday 13 October 2015 | 16:18 CET | News
Andrus Ansip, the European Commission VP for the Digital Single Market, has suggested the EC is more in favour of cross-border than intra-country consolidation in the telecoms market. In a speech at the FT-ETNO Summit in Brussels, Ansip acknowledged that a "degree of consolidation" can bring potential benefits, and as an example, he pointed to cross-border consolidation, which can led to integrated, pan-European networks and expansion opportunities for operators as they tap into larger populations. However, the commissioner noted that "industry consolidation is not necessarily the answer" to

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Categories: General
Companies: ETNO
Countries: Europe
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