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Mergers: Commission approves acquisition of Telekom Romania by Orange, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Telekom Romania Communications (“TKR”) by Orange SA (“Orange”). The approval is conditional on the divestiture of TKR’s 30% minority shareholding in Telekom Romania Mobile Communications (“TRMC”), which is a direct competitor of Orange. Executive Vice-President Margrethe Europeans need access to fast and reliable communication services, with sufficient alternatives on the market. With this decision, and the commitments offered by Orange, the Romanian telecommunications market will continue to offer high quality communication services at competitive prices.”

Investegate |Vodafone Group Plc Announcements | Vodafone Group Plc: Vodafone

Investegate |Vodafone Group Plc Announcements | Vodafone Group Plc: Vodafone
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