A PYMNTS Company

TeliaSonera and Telenor joint venture approved with conditions

 |  March 1, 2012

The Danish Consumer and Competition Authority has granted approval for a joint venture to be created by TeliaSonera and Telenor. The two telecom operators plan to merge their radio access networks for mobile traffic. The regulator placed conditions on the deal: TeliaSonera and Telenor can only bid on new spectrum licenses through a common infrastructure company, Newco; redundant antenna space is to be sold or rented to competitors, and; Newco employees and board members cannot exchange information that is sensitive to competition.

    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.

    Source: Total Telecom

     

    Related ContentWhen Does a Joint Venture Act as a Single Economic Entity? (Gregory Werden, Department of Justice)