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Vodafone abandons merger with Wind Hellas

By  |  February 6, 2012

Vodafone has decided to abandon its planned merger with Wind Hellas amidst E.U. regulators’ concerns of a two-player market in Greece: the Vodafone-Wind Hellas merged company and Hellenic Telecommunications Organization, controlled by Deutsche Telekom.

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    The Hellenic Telecommunications Organization is Greece’s largest mobile phone service provider, and Vodafone and Wind Hellas are the second- and third-largest, respectively.

    Source: Bloomberg

     

    Related content: EC Competition Law vs. Greek Competition Law: Conscious Parallelism or Unconscious Competition? (Lia Vitzilaiou, Lambadarios & Partners & George Zohios, Alexiou & Kosmopoulos Law Firm)