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Thursday, April 22, 2010

Swiss mobile merger blocked by competition commission

Last November's announcement that France Telecom and Danish telecoms company TDC had agreed to merge their Swiss mobile operations - Orange Switzerland and Sunrise – seems to have come to naught.

The Swiss Competition Commission says the merger won't be permitted because it would give the new French-controlled company a market position that was too strong. Swisscom is currently market leader in the Swiss telecommunications market.

In a statement, France Telecom and TDC said they would "assess their available options regarding potential next steps".

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Author: The Fonecast
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Tags: orange

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