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Merger Hutchison 3G-Orange: EU Still Sceptical

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: © Hutchison Austria

“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…

This article includes a total of 353 words.

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