Merger Hutchison 3G-Orange: EU Still Sceptical

CompaniesMedia ♦ Published: October 2, 2012; 21:00 ♦ (Vindobona)

EU Commissioner Joaqin Almunia expresses his concerns on the merger. “The number of operators would go down to three from four in Austria.” He says.

Merger Hutchison 3G-Orange: EU Still Sceptical / Picture: © Vindobona.org

“This is a € 1.3bn deal which reduces the number of competitors in the Austrian telecommunication market from four to three. In this stage, there is the question whether a suitable compromise may be found.” Alumunia emphasized that the Commission must prevent that the customers pay higher prices in the end.

However, the Austrian subsidiary of the Hong Kong-based…