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T-Mobile Continues Fight Against Orange Takeover
After the takeover of “Orange” by Hutchison Austria, the situation of telecommunication sector has changed significantly. T-Mobile´s management thinks that the takeover is unlawful.
T-Mobile Continues Fight Against Orange Takeover / Picture: © T-Mobile
At the end of last year, the EU Commission and the Austrian Federal Competition Authority (BWB) approved the takeover of the third-biggest operator “Orange” by the Hong Kong-based Hutchison Group. Before the merger, Hutchison ranked fourth in Austria. The gross sales price came at € 1.3bn. However, Orange´s discount brand “Yesss!” will be passed on to the market leader…
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