The Portuguese competition authority has given the green light for the merger between cablenet ZON Multimédia and mobile operator Optimus, subject to a number of conditions.
The list, which had previously been made public, includes the requirement that Optimus extend its network sharing agreement with Vodafone Portugal and make its fibre network available on a wholesale basis.
In April the Comissão do Mercado de Valores Mobiliários (CVMVM) accepted a request to exempt the shareholders from launching a formal takeover bid