T-Mobile Fights Against Orange-Takeover

Businessn.a. ♦ Published: January 2, 2013; 21:00 ♦ (Vindobona)

The second-biggest telecommunication operator in Austria wants to prevent the takeover of Orange by Hutchison.

T-Mobile Fights Against Orange-Takeover / Picture: © T-Mobile

At the end of December 2012, Hong Kong-based Hutchison Group was approved to take over its competitor Orange. In February, Hutchison Austria and Orange announced to plan a merger. After months of negotiations and dealings with authorities, the Austrian Federal Competition Authority (BWB) decided not to appeal against the sale of Orange´s discount brand “Yesss!” to the market leader…

Fast News Search