A PYMNTS Company

EU: Orange argues case for €3.4 billion Jazztel

By  |  March 16, 2015

French telecoms operator Orange sought to convince EU antitrust regulators at a closed hearing on Monday that its proposed 3.4 billion-euro buy of Spanish peer Jazztel would not drive up consumer prices, according to people attending the hearing.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The deal is expected to be a test case of how far new European Competition Commissioner Margrethe Vestager will push telecoms operators for concessions in return for her allowing more consolidation in the sector.

    The European Commission last Friday asked third parties for their feedback on concessions offered by Orange.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

     

    Full Content: Yahoo! News

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.