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Wireless

Telefonica amends concessions for E-Plus takeover

Friday 2 May 2014 | 11:08 CET | News
Telefonica Deutschland has made changes to the concessions being offered to the EU to secure anti-trust approval for its takeover of German mobile network E-Plus, reports the Wall Street Journal. Spokesperson Albert Fetsch said the changes were made in response to the response of rival operators to the first set of concessions, but declined to provide details. Telefonica has agreed to buy E-Plus from Dutch operator KPN for EUR 8.6 billion.

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