The Commission cleared the creation of Hermes Europe Railtel BV…

Series Title
Series Details 14/03/96, Volume 2, Number 11
Publication Date 14/03/1996
Content Type

Date: 14/03/1996

...a telecommunications joint venture between ten European railway firms and two specialist companies, GTS-Hermes Inc and Racal-BR. The venture will build a pan-European telecoms network along rail lines. Since its customers will be strong, well-informed firms, the Commission decided HER would not take a dominant position.

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