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Wireless

EU set to approve Telefonica, E-Plus deal - report

Monday 16 June 2014 | 17:54 CET | News
EU anti-trust regulators will approve Telefonica's proposed takeover of German rival E-Plus after it pledged to give up one fifth of the combined group's network capacity to MVNOs, reports Reuters citing unnamed sources with knowledge of the matter. One source said that the EC would clear the deal, with others adding that the aim was to create up to three MVNOs to replace E-Plus. After merging E-Plus and O2, Telefonica will be expected to lease at least 20 percent of the combined group's network capacity to MVNOs, the report said. Similar conditions were imposed when 3 Group acquired Orange

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Categories: Mobile & Wireless
Companies: E-Plus / Telefonica
Countries: Germany
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Comments

Telco market shuffles and consolidation continues.. Would be good to observe how that affects competitive plans for the market and consumers.
Anand Chitale @ 20/6/2014 - 10:09


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