Orange and MasMovil get EU nod for joint venture in Spain

Digi Communications

20/02/2024 13:30

BRUSSELS, Feb 20 (Reuters) - The EU Commission on
Tuesday approved a tie-up between French telecoms group Orange
 ORAN.PA  and Spain's MasMovil, after the pair offered remedies
to address antitrust concerns.
    The approval is conditional on compliance with the remedies
offered, including divesting spectrum held by MasMovil to
Romania's Digi  DIGI.BX  across two medium frequency bands and
one high frequency band.
    The have also pledged to enter an optional national roaming
agreement with Digi, giving it access to the Orange-MasMovil
network to complement Digi's own, which it will start rolling
out with the use of the divested spectrum, the Commission said.
  

 (Reporting by Piotr Lipinski; Editing by Kirsten Donovan)
 ((piotr.lipinski@thomsonreuters.com;))