Printed from http://www.electronista.com

Orange UK, T-Mobile UK offer concessions to finish merger

updated 05:15 pm EST, Wed February 17, 2010

Orange, T-Mobile to make compromises in merger

In an attempt to ward off an investigation by the UK's Office of Fair Trading into their proposed merger, Orange and T-Mobile UK said today they are willing to make antitrust concessions. The Brussels office of the European Commission stated that the two companies offered some fixes to their proposed deal, but didn't elaborate on their details. The deal would create the largest wireless operator in the UK, and a deeper inquiry as to its legitimacy was called for by competitors Telefonica and Hutchison Whampoa's 3.

T-Mobile and Orange are eager to avoid an investigation, as a formal inquiry could delay the merger by as much as one year. If approved, the resulting company would have some 43 percent of the wireless market in the UK.

The European Commission will rule on the merger request on March 1st. [via BusinessWeek]



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Samsung Galaxy S 5

The Samsung Galaxy S5 might be the phone that Android users have been craving for some time. Information coming out of Mobile World Co ...

STM Trust technology bag

The search for a good messenger bag that doubles as a laptop bag is something many travelers find themselves facing at least once. Bet ...

PenClic Bluetooth mouse

Windows 8 aside, computer users have been trained that a mouse is the proper way to navigate through the desktop for many years now. T ...

Sponsor

toggle

Most Commented

 
toggle

Popular News