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Tag: competition
BT files for competition approval of EE takeover
2015-05-18 19:52:00| Telecompaper Headlines
(Telecompaper) BT said it made its formal application to the UK's Competition and Markets Authority for approval of the proposed acquisition of EE from Orange and Deutsche Telekom. BT said the acquisition "will be good for competition, investment and innovation in the UK - and that consumers and businesses will benefit as a result". BT agreed in February to buy the UK's largest mobile operator for GBP 12.5 billion. Its re-entry on the mobile market is expected to support a new quad-play offering and strengthen its position among customers on the broadband and TV markets, allowing it to better compete with rivals Sky, Virgin Media and TalkTalk. While the acquisition will not change the number of mobile operators in the UK, regulatory approval may take longer than hoped due to the other pending acquisition in the UK market, of O2 UK by Hutchison Whampoa, owner of 3 UK. In addition, some industry players have raised concerns that BT's dominant position in the wholesale and retail broadband markets may be extended to impact the MVNOs on EE's network. BT said the ability of its landline and mobile rivals to compete with BT using its arms-length Openreach network will be unaffected by the acquisition. Furthermore its market shares in the broadband and mobile markets remain under the threshold that regulators normally look for before considering whether action is required. BT has asked the CMA to proceed directly to a phase 2 investigation into the proposed acquisition in order to speed up the process. The CMA confirmed the request, which would significantly shorten the usual 40-day phase 1 investigation. The regulator will confirm within about three weeks whether it will move directly to a Phase 2 inquiry. In the meantime, it opened a page on its website for industry comments on the proposed acquisition. BT reiterated its expectation that the regulatory process and the EE transaction should be completed by the end of March 2016.
Tags: of
files
approval
competition
just the Winners - International Wine & Spirit Competition 2015: Northern Hemisphere Gold, Gold Outstanding
2015-05-18 17:14:00| Daily beverage news and comment - from just-drinks.com
This week, the first round of northern hemisphere wine gold and gold outstanding medal winners in this year's International Wine & Spirit Competition were announced. Here's the list so far, by country.
Tags: international
gold
northern
spirit
Big Government Advocates Say They Want More Competition - Their ...
2015-05-18 03:57:54| Telecom - Topix.net
With this track record of uber-failure - which has put us on the fast track to oblivion - why would we want even more government? When everything Big Government advocates say they need - results in less of what they say they want? FCC Chairman Tom Wheeler defended newly imposed net neutrality rules as well as the agency ' s plans to block the Comcast-Time Warner Cable merger, saying that moves have been necessary to protect competition. These are two HUGE government impositions on the private sector.
Tags: their
big
government
competition
EE deal will enhance competition in UK, BT tells CMA
2015-05-18 02:00:00| Total Telecom industry news
U.K. operator submits its proposed 12.5 billion acquisition of EE to the competition watchdog.
Tags: deal
competition
enhance
tells
DSTI Supports Local High School in FIRST Robotics Competition
2015-05-13 12:31:05| Industrial Newsroom - All News for Today
MINNEAPOLIS, Minn. - DSTI recently donated $2,500 towards Andover High School's Robotics Team to support their participation in a competition among thousands of students across the globe. The resources were used to purchase electronics and other building materials for this year's regional FIRST (For Inspiration and...
Tags: high
local
school
high school
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