The UK's competition watchdog, the Office of Fair Trading (OFT), is weighing up whether to carry out a review of the planned merger of mobile phone firms Orange and T-Mobile.
It comes after the pair submitted their proposal to European regulators in a move viewed by many as an attempt to achieve a quicker and more lenient hearing than they might on home turf.
Consumer groups like Which? and Consumer Focus are particularly keen for a UK review of the merger, which will see the new entity overtake rival firms O2 and Vodafone to become the UK's largest mobile phone company. The OFT has until 15 February to make a ruling on the matter.
"It is a significant competition issue with serious implications for UK consumers, the government's Digital Britain agenda and future spectrum auctions," a spokesperson for O2 remarked of the proposed tie-up.
Orange is currently the UK's third-largest mobile operator, while T-Mobile is the fourth. The deal between their parent companies - Deutsche Telekom and France Telecom - was formalised last November, two months after the proposed merger was announced.
An independent rubbish clearance company founded in June 2019. Specializes in clearing bulky waste from UK residential and office premises, delivering it to recycling stations within a 15-minute radius.
Acquire a major physiotherapy clinic group, operating across the North of England. An ideal platform business for investors looking at the sector or bolt on clinics for a similar group.
LEASEHOLD
We are pleased to present an opportunity to acquire a well-established cardiology practice located in the heart of London’s medical district.
LEASEHOLD
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.