Wednesday 3 February 2010

T-Mobile and Orange Merger could be delayed to 2011

The merger between Deutsche Telekom’s T-Mobile and France Telecom’s Orange should be reviewed by the European Union rather that UK authorities- this was demanded by the heads of both the companies so that their proposal could be looked through carefully.

Richard Moat was of the opinion that the approval will be looked through only till the end of February and it will be accepted only till 2011 only if the process came back to Britain and if it was dealt in Brussels. As this merger will give a serious competition to the bigger mobile phone companies the British authorities are hesitating in looking through and accepting the approval. The French and the German companies wanted to joint ventures in September but since then it has not been looked through by the authorities.

Both the companies are demanding that the proposal should be looked through by the European Union rather than by UK authorities but the big mobile phone companies Telefonica SA’s O2 and Hutchison Whampoa Ltd’s 3 are completely contradicting and saying that if the merger will influence the consumers in Britain then only the British authorities should do the needful.
Get the best Phone packages at BT Phone Packages and 3 mobile .

Related posts:
T-mobile UK picks up Nexus One

No comments:

Post a Comment