EC greenlights T-Mobile acquisition of UPC Austria

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(Telecompaper) The European Commission has approved unconditionally the proposed acquisition of UPC Austria by T-Mobile Austria, asĀ announced in December 2017. The Commission concluded that the transaction would raise no competition concerns as the companies’ activities and assets are largely complementary; UPC’s main activities are related to fixed telecommunications, while T-Mobile is mainly active in mobile.
Source: Industry News (syndicated from Telecompaper.com)

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