Connect
Related Content
On Twitter
TelecomTV One - News
By ÁWá via Wikimedia Commons

Hutchison set to get green light for Orange Austria buy

Posted By TelecomTV One , 26 November 2012 | 0 Comments | (0)
Tags: Hutchison Orange Austria Regulation EU

Hutchison’s planned €1.3bn takeover of Orange Austria could be on the verge of getting EU regulatory go-ahead. By Anne Morris.

Reuters reported that the BWB, the Austrian competition regulator, said it and all the other European Union national regulators had been invited to a meeting in Brussels tomorrow.

Advertisement
The calling of such a meeting is normally a signal that the EU antitrust regulators have no further issues with the proposed deal, and approval is generally seen as a formality, Reuters said.

 

The BWB said it still planned to raise its concerns about the merger to the European Commission. “We don’t believe that all our concerns have been addressed,” a spokeswoman for the BWB said. “We want to make sure that there is no harm to Austrian consumers.”

 

FierceWirelessEurope: Hutchison set to get green light for Orange Austria buy; TelecomTV content partner.

please sign in to rate this article
49667