Feeds

EU regulators quiz mobe industry over Hong Kong group's new bid

Hutchison Whampoa tweaks offer to slurp $1bn O2 Ireland

The Essential Guide to IT Transformation

EU competition regulators are going to the mobile ISP industry with new concessions from Hong Kong firm Hutchison Whampoa, as it seeks approval for its $1bn bid for O2 Ireland.

Sources whispered to Reuters that the conglomerate has offered the European Commission a new deal for Telefonica's Irish company after an initial proposal earlier in March didn't do enough to satisfy the EC.

Hutchison Whampoa is offering to sell radio spectrum and to continue a deal with Ireland's third-largest operator Meteor, owned by rival Eircom, to share network resources.

The Hong Kong firm already operates in the UK, Italy, Sweden, Denmark, Austria and Ireland through its subsidiary 3 Group Europe – which operates Three in the UK – as well as holding telecoms interests in Hong Kong, Macau, Indonesia, Vietnam and Sri Lanka.

If it succeeds in slurping O2 Ireland, it'll reduce the number of operators in the country from four to three, with just Meteor and Vodafone as rivals, potentially reducing the amount of competition and therefore hiking prices for users. ®

Boost IT visibility and business value

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
Trying to sell your house? It'd better have KILLER mobile coverage
More NB than transport links to next-gen buyers - study
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.