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Germany: Local regs want spectrum sales in Telefonica, E-Plus tie-up

By  |  April 1, 2014

German competition authorities said it will look to require spectrum sales should Telefonica Deutschland and KPN’s E-Plus merge as the European Commission continues its review of the deal.

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    While EU regulators are set to rule on the deal May 14 after denying Germany jurisdiction of the case, reports say Germany’s telco watchdog released a paper Tuesday calling on required asset divestitures from the companies. The transaction would combine the company’s third- and fourth-place operators.

    The Commission earlier rejected Germany’s request to review the merger. Experts say it is likely part of the EU’s move to promote consistency in telco merger reviews; the Commission is currently reviewing Hutchison Whampoa’s $1 billion acquisition of O2 Ireland, currently owned by Telefonica.

    Full Content: Reuters

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