Orange faces disciplinary action over Simyo deal

26 Feb 2013

Spain’s National Competition Commission has initiated disciplinary proceedings against Orange Espana, owned by France Telecom-Orange, for completing the acquisition of mobile virtual network operator (MVNO) Simyo before informing the antitrust body of the deal. Reuters reports that the regulator approved the purchase of Simyo from Dutch telecoms group KPN on 13 February 2013, but the National Competition Commission has said that Orange completed the deal on 14 December 2012 – before it informed the watchdog. Orange inherited 380,000 clients from KPN, though financial details of the deal were not announced. The commission said it has a maximum of six months to investigate the case and reach a final resolution on the matter, which could result in a fine for Orange.

Spain, Orange Espana (incl. Jazztel), Simyo Espana