Feeds

Crikey! Three can buy O2, EU regulator says

Oh wait, only O2 Ireland. As you were

  • alert
  • submit to reddit

Build a business case: developing custom apps

The European Commission has approved Telefonica’s sale of O2 in Ireland to mobile network operator Three, in a deal originally proposed in June.

This makes the network the second largest in the country behind Vodafone, but, as ever in these deals, the Hutchison Whampoa-owned Three - which paid €850m for the network - claims ambitious plans to overtake its rival and will invest €300m to build a 4G network.

The EU had initially opposed the deal but ceded based on a couple of provisos: Three has commit to provide network capacity and mobile virtual network operator (MVNO) services to two companies, and give them the option to buy spectrum.

The first of these deals, with UPC, which is owned by Liberty Global, has already been struck. The cable TV and broadband operator will use the newly enhanced Irish Three to offer mobile services to its customers in 2015.

Vodafone has hit back at the EU approval, saying:

“Vodafone also has significant concerns that the proposed remedies will distort healthy competition rather than preserve it, and will act as a barrier to future investment in next generation communications in Ireland.”

Voda is investigating the possibilities of taking legal action under both EU and Irish law. ®

The essential guide to IT transformation

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
True fact: 1 in 4 Brits are now TERRORISTS
YouGov poll reveals terrible truth about the enemy within
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?