Iliad wins EU antitrust okay for $4.14 bn deal to buy Play

French telecoms operator Iliad has won EU antitrust clearance for its 3.5-billion-euro ($4.14 billion) acquisition of Polish mobile group Play.
Iliad in Italy
Iliad, Europe’s sixth-largest mobile operator, is controlled by French tycoon Xavier Niel and is present in Ireland and Italy.

Polish No. 1 mobile operator Play competes against Orange Polska , Deutsche Telekom’s T-Mobile and Polkomtel, a unit of Cyfrowy Polsat.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Zain Wins $747 mn Syria Telecom License, Plans $800 Million 5G and AI Network Investment

Zain Group has secured a 25-year mobile telecommunications license...

TRAI Drive Test: Jio Leads Mobile Network Performance on Jodhpur–Ahmedabad Rail Route, Airtel Delivers Zero Call Drops

Reliance Jio emerged as the top-performing telecom operator in...

New Zealand Mobile Market to Reach $2.2 bn by 2030 as 5G and AI Drive Growth

New Zealand’s mobile market is benefiting from continued investment...

4 Best Systems for Secure Communication in High-Pressure Situations

Communication failures in high-pressure environments can be catastrophic. For...