Hutchison Austria: Takeover Approved

Businessn.a. ♦ Published: November 21, 2012; 17:10 ♦ (Vindobona)

The EU Commission allows the Hong Kong-based telecommunication group to take over its Austrian competitor “Orange”. The Austrian Federal Competition Authority is not convinced yet.

Hutchison Austria: Takeover Approved / Picture: © Orange

In October, Hutchison Austria put much effort into communication activities. In the last months, the Commission argued that telecommunication services will become more expensive for consumers as the number of service suppliers decreases from four to three. Hutchison Austria already offered mobile virtual network operators to supply their services.

Now, it seems that the…