Press Release: Mergers: Commission clears acquisition of Austrian mobile phone operator Orange by H3G, subject to conditions

Author (Corporate)
Series Title
Series Details IP/12/1361 (12.12.12)
Publication Date 12/12/2012
Content Type

The European Commission has approved under the EU Merger Regulation the proposed acquisition of Orange's mobile telephony business in Austria by Hutchison 3G (H3G). The approval is conditional upon the implementation of a commitments package that will facilitate the entry of new players into the Austrian mobile telecommunications market. The Commission had concerns that the elimination of one out of only four mobile network operators in Austria could have led to less competition and higher prices, to the detriment of end consumers.

To address these concerns, H3G submitted remedies, offering in particular to divest radio spectrum and related rights and to provide wholesale access to its network. In light of these commitments, the Commission concluded that the transaction would no longer raise competition concerns.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-12-1361_en.htm
Related Links
European Commission: Speech/12/946: Joaquín Almunia: Introductory remarks on Hutchison 3G Austria/ Orange Austria merger decision http://europa.eu/rapid/press-release_SPEECH-12-946_en.htm

Subject Categories
Countries / Regions ,