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EC opens investigation into E-Plus takeover by Telefonica

2013-12-20 15:01:00| Telecompaper Headlines

(Telecompaper) The European Commission has opened an in-depth investigation into the planned acquisition of KPN's E-Plus by Telefonica Deutschland, rejecting a request from the German competition regulator to examine the proposed merger of the third- and fourth-largest mobile operators in Germany. The EC has 90 working days, until 14 May 2014, to take a decision. The investigation will focus on the possible reduction in competition in the retail mobile telephony market as well as in the market for wholesale access and call origination on mobile networks in Germany. Moreover, the commission has concerns that after the transaction the remaining MNOs might have fewer incentives to grant access to their network to MVNOs and service providers. Prospective and existing MVNOs and service providers would have less choice of host networks and hence weaker negotiating power to obtain favourable wholesale access terms.

Tags: investigation opens takeover telefonica

 

EU to open investigation of O2, E-Plus merger - report

2013-12-13 10:49:00| Telecompaper Headlines

(Telecompaper) The European Commission will announce its intention to carry out an in-depth investigation of Telefonica Germany's proposed EUR 8.6 billion takeover of E-Plus next week, reports Reuters, citing three unnamed sources familiar with the matter. The EC will thus reject a request by Germany's Federal Cartel Office that the case be referred to the German competition authority for investigation. Telefonica announced its proposed takeover of KPN's German mobile unit E-Plus in July, a deal that would create the largest operator in Germany, ahead of Deutsche Telecom and Vodafone Germany. At the end of October the Spanish group applied to the European Commission for clearance of the merger.

Tags: report open investigation merger

 
 

Federal competition authority to examine O2, E-Plus merger

2013-11-20 16:52:00| Telecompaper Headlines

(Telecompaper) Germany's Federal Cartel Office has lodged an application requesting that the Telefonica Germany/E-Plus merger case be referred to the German competition authority. Federal Cartel Office President Andreas Mundt said the case required an in-depth examination of whether the merger would harm competition in the German mobile market. The application has the approval of the Federal Ministry of Economics and Technology. The merger was notified to the EC at end-October.

Tags: federal authority competition examine

 

Telefonica asks EU to approve E-Plus takeover

2013-11-04 01:00:00| Total Telecom industry news

Commission's initial review set to last at least until 6 December.

Tags: approve asks takeover telefonica

 

KPN shareholders to vote on E-Plus sale

2013-10-02 18:37:46| Telecom - Topix.net

Shareholders of Dutch telecom Royal KPN NV are set to vote Wednesday on the sale of the company's German mobile subsidiary E-Plus for $11.4 billion to Telefonica SA at a meeting that may be overshadowed by wider questions about KPN's fate.

Tags: sale vote shareholders kpn

 

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