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Wireless

Wind, 3 Italia to offer more concessions to gain EC approval

Monday 4 July 2016 | 10:53 CET | News
VimpelCom and CK Hutchison plan to shortly offer more concessions in a bid to convince EC regulators to approve the proposed merger of their Italian subsidiaries, according to two unnamed sources cited by Bloomberg. The companies are looking to persuade European antitrust authorities ahead of an imminent deadline for regulators to send a statement of objections setting out reasons to block the deal, said the sources. Previous reports have indicated that Wind and 3 Italia, the Italian subsidiaries of VimpelCom and CK Hutchison, have offered to sell assets including 8,000 network sites,

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Categories: Mobile & Wireless
Companies: 3 Italia / European Commission / Fastweb / Hutchison Whampoa / Iliad / Vimpelcom / Wind
Countries: Italy
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