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Poland approves Franco-German telco deal

September 9, 2011 08.24 Europe/London By Chris Dziadul

Poland’s Office of Competition and Consumer Protection (UOKiK) has approved the formation of a joint venture between France Telecom and Deutsche Telekom.

The two telcos already have a strong presence in Poland – the former’s assets include the incumbent TPSA and Orange and PTK, the operator of Orange, while the latter owns PTC, the operator of T-Mobile – and the new 50/50 joint venture, based in Brussels, will be able to make more acquisitions in the country.

The UOKiK is required to investigate any transaction in which the participants have a combined turnover of over 1 billion globally or €50 million in Poland in the previous year.

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Filed Under: Central & East Europe, Newsline Tagged With: Deutsche Telekom, France Telecom, UOKiK Edited: 9 September 2011 08:24

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