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EC clears 3 takeover of O2 Ireland with concessions
2014-05-28 13:39:00| Telecompaper Headlines
(Telecompaper) The European Commission has approved Hutchison Whampoa's acquisition of O2 Ireland, reducing the Irish mobile market to three network operators. Hutchison, which operates the 3 network in Ireland, agreed to provide network capacity to at least two MVNOs in the near term, as well as give them the option to acquire up to five blocks of spectrum from 2016. In addition, it will maintain O2's network roaming agreement with Eircom, including access to LTE. The concessions address the EC's concerns about reduced competition on the market and the high barriers to entry for any new players on the relatively small Irish market. The merger of O2 and 3 Ireland, the second and fourth largest players on the market, was first announced in June 2013. Hutchison will pay Telefonica EUR 850 million for O2. The company said the deal will give it the strength to challenge Vodafone for the number one position on the market.
Tags: with
ireland
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takeover
Canada Clears Mobile Devices for Takeoff, Landing
2014-05-28 02:36:29| PC Magazine Cell Phones Product Guide
Air travelers in Canada will soon be able to use portable electronic devices during all phases of flight.
Tags: canada
mobile
devices
landing
J&J says Europe clears new diabetes treatment
2014-04-25 22:32:48| Biotech - Topix.net
Johnson & Johnson said Friday that European Union regulators approved a pill that combines its diabetes drug Invokana with metformin, an older treatment for the disease.
Tags: europe
treatment
diabetes
clears
J&J says Europe clears new diabetes treatment
2014-04-25 20:40:46| Food - Topix.net
Johnson & Johnson said Friday that European Union regulators approved a pill that combines its diabetes drug Invokana with metformin, an older treatment for the disease.
Tags: europe
treatment
diabetes
clears
Court clears ex-Anglo bank boss
2014-04-16 19:46:48| BBC News | Business | UK Edition
The former chairman of Anglo Irish bank has been found not guilty of illegally supporting the bank's share price, the jury continues to deliberate in the case against two others.
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