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

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 Austria and O2 Ireland.
Categories:
Companies:
Countries:
Related Articles
Complete profile
Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.