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Wireless

EU anti-trust chief doubts Orange Austria, Hutchison deal

Thursday 20 September 2012 | 17:05 CET | News
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EU anti-trust commissioner Joaquin Almunia has questioned whether 3 Austria can find a suitable concession to appease regulators and secure approval for its proposed EUR 1.3 billion takeover of Orange Austria, Reuters reports. In the text of a speech to be given at Georgetown Law School conference in Washington, Almunia said the deal would reduce the number of competitors in the Austrian mobile market from four to three, and expressed doubt as to whether effective remedies could be found to ease regulatory concerns.

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Categories: Mobile & Wireless
Companies: 3 Austria / Orange Austria
Countries: Austria / Europe
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