EU approves Orange UK, T-Mobile UK merger
03/01, 1:10pm
Orange UK, T-Mobile UK merger approved
The merger of telecom firms Orange UK and T-Mobile UK has been approved by the European Commission with certain limits. As a result of antitrust concerns related to the deal, the deal requires that a change is made to a current network sharing agreement with 3 UK. The amendment will involve divesting a quarter of the combined spectrum of the two merging companies in the 1,800MHz band, one of three frequency bands used for cellphones in the UK.