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Australian regulator sees competition concerns in TPG-Vodafone merger

2018-12-13 08:40:00| Telecompaper Headlines

(Telecompaper) TPG supplies retail fixed broadband and voice services, and is building its own mobile network in Australia. Vodafone owns and operates its own mobile network and has started supplying fixed broadband services on the National Broadband Network (NBN). The ACCC's preliminary view is that "TPG is currently on track to become the fourth mobile network operator in Australia, and as such it's likely to be an aggressive competitor". 

Tags: concerns competition australian sees

 

Hutch and Etisalat complete Sri Lanka merger

2018-12-05 01:00:00| Total Telecom industry news

UAE based telco Etisalat has completed the sale of its Sri Lankan business unit, Etisalat Lanka, to CK Hutchison, according to reports in the press. "Further to our announcement on 26 April 2018…read more on TotalTele.com »

Tags: complete sri lanka sri lanka

 
 

HBC completes Galeria Kaufhof and Karstadt merger

2018-12-03 12:39:00| Daily apparel & textile news and comment - from just-style.com

Canadian retailer Hudson's Bay Company (HBC) and retail estate business Signa Holding have announced the successful completion of a deal to merge their respective retail operations and the formation of the companies' real estate joint venture.

Tags: galeria merger completes karstadt

 

Last week in telecoms: Dutch merger approval felt throughout Europe - except Finland

2018-12-03 07:00:00| Telecompaper Headlines

(Telecompaper) It may be only a slight exaggeration to say that the EC single-handedly pushed up the European telecoms sector in week 48. Its decision to allow the Dutch merger of T-Mobile and Tele2 to continue without conditions helped our index to move up by 4.0 percent, strongly outperforming the EuroStoxx 50 index (+1.1%). The year-to-date performances of both indices are now almost identical at -9.4 percent.

Tags: week europe approval felt

 

EC says uncertain Tele2 NL future drove merger approval decision

2018-11-28 13:12:00| Telecompaper Headlines

(Telecompaper) The uncertain future of Tele2 as a standalone operator on the Dutch market was a key factor in the European Commission's decision to clear Tele2 NL's takeover by T-Mobile Netherlands, said Guillaume Loriot, director of the ICT unit at the DG Competition at the European Commission. Speaking at the ECTA conference in Brussels, Loriot said the decision to not impose remedies on the merger does not reflect a shift in the Commission's policy on telecom M&A, but the specific conditions of the Dutch case.  

Tags: future decision approval uncertain

 

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