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Orange Takeover: T-Mobile Claims Legal Restraints

Published: May 8, 2012; 19:43 · (Vindobona)

According to the Austrian subsidiary of Deutsche Telekom, the takeover of the third-largest Austrian telecommunication service provider would lead to a distortion of competitions.

Orange Takeover: T-Mobile Claims Legal Restraints / Picture: © Orange

The Hong Kong-based Hutchison Group plans to take over Orange, the third largest player in the Austrian telecommunication market. Hutchison, which operates with its brand “3” in Austria, is the fourth-largest and thus smallest player in Austria.

The second-ranked T-Mobile is not against a market consolidation in principle, CEO Robert Chvatal says. However, the concrete plans…

This article includes a total of 458 words.

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