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Dominican Republic: Watchdog turns back on challenge to Altice/Orange tie-up

 |  April 14, 2014

Wireless competitors are challenging Luxembourg-based Altice’s proposed acquisition of Orange Dominicana as companies have reportedly filed a complaint with the Dominican Republic’s telecommunications regulator Indotel.

The Dominican units of Claro and Trilogy have reportedly voiced concerns the deal is part of Altice’s plan to gain “economic control over the telecoms sector,” the complaint said. Altice had recently inked a separate deal to acquire Tricom in a $400 million deal.

According to Claro and Viva, “the economic concentration [of Altice’s acquisition] would violate rules of free enterprise and is tantamount to unfair competition in the sector.”

But the watchdog has reportedly ignored complaints and rejected both companies’ objections to the deal, say reports.

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