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EC clears Syniverse's acquisition of Mach with conditions

2013-05-30 12:38:00| Telecompaper Headlines

(Telecompaper) The European Commission has approved the USD 550 million proposed acquisition of Luxembourg-based roaming data clearing house Mach by US counterpart Syniverse, subject to conditions. Syniverse will have to sell Mach's data clearing (DC) services and near trade roaming data exchange (NTRDE) services in the EEA. Syniverse and March are the two largest providers of these services in the EEA and globally.

Tags: with conditions acquisition mach

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