T-Mobile to Appeal Against Merger of Austrian Networks
Published on: 2nd Jan 2013
Note -- this news article is more than a year old.
T Mobile Austria plans to appeal against the decision approving the merger between the local Orange and Three networks.
The merger will reduce the number of networks in the country from four to three.
T-Mobile told Reuters that it has lodged an appeal with Austria's higher administrative court against the decision of the country's telecom control commission, the TKK, for the transfer of frequencies that will accompany the merger.
The merger of the two networks was announced early last year but held up by regulatory investigations by several Austrian authorities and the European Commission.
In order to secure permission for the merger, the companies agreed to sell frequencies, base station sites for the mobile phone provider YESSS! as well as certain intellectual property rights currently owned by Orange Austria for a total amount of up to EUR 390 million to Telekom Austria.
This would leave T-Mobile as the weaker of the three remaining networks.
The company is seeking an injunction blocking the formal transfer of the radio spectrum assets pending its appeal.
On the web: Reuters