Thursday, 08 December 2016

EU OKs 3 Ireland's O2 takeover

By Mary Lennighan, Total Telecom
Wednesday 28 May 14

Irish mobile operator agrees to provide capacity to MVNOs, sell spectrum and maintain network-sharing deal to allay competition concerns.

The European Commission on Wednesday gave the go-ahead to 3 Ireland's proposed takeover of local rival O2 on the proviso that 3 undertakes certain measures to protect competition in the market. The €850 million deal, agreed in June 2013, will reduce the number of mobile network operators in Ireland to three from four, which triggered competition concerns at the Commission…

The European Commission on Wednesday gave the go-ahead to 3 Ireland's proposed takeover of local rival O2 on the proviso that 3 undertakes certain measures to protect competition in the market. The €850 million deal, agreed in June 2013, will reduce the number of mobile network operators in Ireland to three from four, which triggered competition concerns at the Commission…

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