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Orange Deal: „Federal Competition Authority is Ignorant“

Published: June 28, 2012; 16:40 · (Vindobona)

The Austrian Federal Competition Authority (BWB) has to examine the takeover of Orange by Hutchison Austria thoroughly. The patience of all parties is limited.

The planned takeover of the third-largest Austrian telecommunication operator Orange by the smallest operator Hutchison Austria goes on an on. Initially, the parties planned to absolve the merger by July 2012. Even more, the biggest deal ever in Austria´s telecommunication industry is still highly endangered to fail. What is more, the acquisition of Orange by Hutchison Austria depends…

This article includes a total of 475 words.

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