EU to clear Orange and MasMovil's Spanish deal, sources say

Digi Communications

17/01/2024 15:31

BRUSSELS, Jan 17 (Reuters) - EU antitrust regulators are
set to give conditional clearance for the proposed Spanish
tie-up between French telecoms group Orange  ORAN.PA  and
Spanish rival MasMovil, two people with direct knowledge of the
matter said.
   The European Commission's approval is conditional on
Romania's Digi  DIGI.BX  acquiring spectrum from MasMovil and an
option for a national roaming service agreement with Orange, the
sources said.

 (Reporting by Foo Yun Chee
Editing by David Goodman)
 ((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters
Messaging: foo.yunchee.thomsonreuters.com@reuters.net))