Portugal’s competition watchdog has formally approved the acquisition by pay TV provider Zon Multimédia of mobile telco Optimus.
The approval comes with certain conditions that have already been made public, including the extension of a network sharing agreement between Optimus and Vodafone Portugal and an agreement by Optimus not to charge its fibre-to-the-home customers a network disconnection charge for a period of six months.
Optimus has also agreed to provide non-discriminatory access to its FTTH network on a wholesale basis for a period of five years.
The acquisition of Optimus will give Zon an expanded presence in the mobile market and its existing MVNO will be merged into Optimus. Optimus’s fixed line and Optimus Clix TV customers will be merged into Zon’s service.
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02 December 2020 @ 18:30:00 UTC