debitel's EUR560 mllion purchase of Talkline approved by EU

23 Jul 2007

The European Commission (EC) has cleared German MVNO debitel’s EUR560 million (USD774.6 million) purchase of fellow German MVNO Talkline from Danish incumbent TDC. The deal will make debitel, already the country’s largest MVNO with an estimated nine million subscribers at the end of March 2007, the fourth-largest wireless operator in Germany, putting it ahead of Spanish firm Telefónica’s O2 unit. Talkline, which launched MVNO services in 1992, ended 1Q2007 with 3.7 million customers and last year earned revenues of DKK7.7 billion (USD1.43 billion).

Germany, (freenet) Talkline, debitel