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Wireless

Outremer Telecom pulls price hike that threatened merger

Tuesday 3 February 2015 | 11:03 CET | News
Numericable-SFR subsidiary Outremer Telecom has withdrawn a price increase in Reunion and Mayotte after the French Competition Authority warned it that the measure was likely to have breached its commitment to do nothing to affect the subsidiary's value ahead of a disposal required as part of the merger between Numericable and SFR. Les Echos writes that Outremer's customers will be reimbursed for the price rise. The competition authority was concerned that the increase would lead to subscribers switching to another provider, paying no cancellation fee due to the change to terms and

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Categories: Mobile & Wireless
Companies: Apax / Free / Numericable-SFR / Oceinde / Outremer Telecom / Telma
Countries: France / Mayotte / Reunion
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