Germany: Deutsche Telekom launches fibre-optic joint venture in northwest Germany
Deutsche Telekom said on Wednesday it was founding a fibre-optic networks joint venture with regional utility EWE that aims to connect more than 1.5 million German households after winning antitrust approval for the deal to go ahead.
Glasfaser Nordwest, as the 50-50 joint venture has been named, will build out networks in northwestern Germany while also offering access to third-party providers at “fair market prices”, Deutsche Telekom said in a statement.
Germany’s antitrust watchdog cleared the joint venture in December after its owners promised to provide fair third-party access, addressing complaints from the industry that Deutsche Telekom was intent on crushing competition.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Extends Support for Farms and Fisheries Amid Market Disruptions
May 5, 2024 by
CPI
Sony and Apollo Bid $26 Billion for Paramount Acquisition
May 5, 2024 by
CPI
Goldman Sachs Resolves Decade-Old Metal-Rigging Class Action Lawsuit
May 5, 2024 by
CPI
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
May 5, 2024 by
CPI
Google Antitrust Case: Closing Arguments Conclude
May 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI