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In IT, Innovation and Startups

European Commission will OK the T-Mobile and Tele2 merger

27th November 2018

European Commission will OK the T-Mobile and Tele2 merger Pin It

The European Commission is about to give permission for the merger of the Dutch components of telecom companies T-Mobile and Tele2.

Moreover, the European Commission does not impose any additional conditions for completing the deal, reports Reuters news agency on the basis of anonymous insiders. The committee started an in-depth investigation into the merger this year. There were fears that there would not be enough competition after the deal between the number three and four on the Dutch telecoms market.

This could lead to higher prices, less innovation and the exclusion of other telecom companies without their own network, was the idea.

In many cases, Brussels requires companies that want to merge parts to divest, but that would not be the case now. The European Commission is expected to come up with a final verdict on Friday.

The European Commission and Deutsche Telekom, the parent company of T-Mobile, have not given Reuters an official response.

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