Orange Group has reportedly offered concessions to European Union (EU) antitrust regulators with a view to gaining approval for its proposed acquisition of alternative Spanish fixed line voice and broadband provider Jazztel. With the European Commission (EC) having last month suggested that the deal could be considered a significant impediment to competition, according to Reuters the French telecoms giant is said to have submitted concessions on 6 March, though details of these have not been forthcoming.
As previously reported by CommsUpdate, back in December 2014 the EC confirmed it had decided to expand its examination of Orange Group’s planned EUR3.4 billion (USD4.2 billion) acquisition of Jazztel. In a statement revealing the development, the European body highlighted the fact that with both Orange Espana and Jazztel operating fixed telecoms networks, the proposed transaction would reduce the number of nationwide providers of such services from four to three. As such, and despite it being noted that the merged entity ‘would not be in a dominant position’, the EC said it had concerns that the deal would lead to ‘a significant loss of competitive pressure for fixed internet access services and fixed-mobile multiple play offers’. Subsequently, in January 2015 it was confirmed that a final decision on the matter will be made by 30 April 2015.