The EU is set to green-light Deutsche Telekom’s acquisition of Tele2 in the Netherlands, according to a Reuters report.
Citing sources familiar with the matter, Reuters said the deal is due to get unconditional anti-trust approval, following a European Commission investigation into the deal.
In its preliminary analysis the EC raised competition concerns about the effect of the merger on the mobile retail market, notably in the residential segment.
However, Deutsche Telekom argued that the combination of the number three and number four operators in the Dutch market would account for only 25% of the mobile market, making it the number three player.
Deutsche Telekom-owned T-Mobile Netherlands agreed to acquire Tele2 NL last December in exchange for €190 million cash and a stake of 25% in the combined company.
ICYMI: Sky Italia MD and programming chief to leave digitaltveurope.com/2021/04/22/sky… https://t.co/F03jVwNLr8
22 April 2021 @ 20:04:00 UTC
ICYMI: Viaplay subs jump by a quarter as @nent_group targets new markets digitaltveurope.com/2021/04/22/via… https://t.co/S9MNWmFqrl
22 April 2021 @ 19:15:00 UTC
ICYMI: @IBCShow confirms plans for 2021 event staging digitaltveurope.com/2021/04/22/ibc… https://t.co/fSQn724zz7
22 April 2021 @ 18:00:00 UTC
Horse & Country launches free service on Vizio SmartCast digitaltveurope.com/2021/04/22/hor… https://t.co/J7DSRu16Uf
22 April 2021 @ 17:30:00 UTC
.@Roku enters into Original programming, rebrands Quibi content digitaltveurope.com/2021/04/22/rok… https://t.co/Drwo6AHILD
22 April 2021 @ 17:00:01 UTC