Posts Tagged ‘merger’

Mobile Phones – Orange & T-Mobile Merger Given Official Go-Ahead by EU Commission

Tuesday, March 2nd, 2010

The long-awaited decision regarding the future of the proposed takeover between global mobile phone carriers Orange and T-Mobile arrived to conclusion this week. The European Commission has granted a conditional go-ahead, with a networking sharing agreement with 3 and a reduction in its share of the combined 1800MHz band the main terms of the agreement.

Interestingly the EU Commission could not find any just cause to reject the merger, with no direct concerns in relation to the mobile phones market and provisions for all mobile telecommunications products.

The agreement from the European Commission has seen the Office of Fair Trading withdraw its request to appeal, after the Commission smoothed over fears from the OFT that the approaching merger would make the UK mobile phones market weaker and uncompetitive with fewer carriers for consumers to choose from.

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Mobile Phones – Orange & T-Mobile Merger Delayed by Investigation

Thursday, February 4th, 2010

The projected plans to merge mobile phone operators Orange and T-Mobile into the UK’s biggest carrier have been put on hold due to British regulators’ concerns about weakening competition in the market.

This week the Office of Trading (OFT) has encouraged the European Commission to investigate the potential merger as it had the probability of “significantly” reducing the competition in the UK mobile market.

Both and Orange and T-Mobile had initially hoped to complete the amalgamation by the end of this month but mobile phones analysts predict that the true extent of this review could see it put back to as late as December.

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Orange & T-Mobile Sign Final Agreement to Complete Merger

Monday, November 9th, 2009

The long drawn-out process regarding Orange and T-Mobile’s protracted merger is drawing to a close. Company owners, France Telecom and Deutsche Telekom have revealed that terms have been agreed on the final agreement to combine their operations in the United Kingdom on a 50/50 basis.

The completion of the deal is now subject to the approval of the regulatory authorities as well as the board of directors at both France Telecom and Deutsche Telekom – owners of Orange and T-Mobile respectively. If both companies can safely negotiate through this period the official merger is likely to commence in the first half of 2010.

This move remains an undoubted landmark in the British mobile phone industry as the merger will create the UK’s largest operator with a significant market share.

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T-Mobile UK and Orange to Form UK’s Largest Mobile Phone Network

Tuesday, September 8th, 2009

In a move that is set to stun the British mobile phone market, T-Mobile UK and Orange have outlined plans to complete a merger that would see the duo become the nation’s biggest mobile network.

A deal has been brokered between Orange owner, France Telecom and T-Mobile UK leader, Deutsche Telekom with the merger expected to engulf 37% of the UK mobile phone market. This will dwarf the coverage of Telefonica-managed O2 who currently enjoy a 27% share of the UK mobile phone network.

The move will be officially signed and sealed in November, with the duo promising to bring substantial benefits to its UK customers. With over 28 million customers using the merged service, it will be imperative that they provide better network quality and improve customer services to cope with demand.

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