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EU to decide on Vodafone, Liberty Global's Dutch deal by July 19

Wed, 15th Jun 2016 09:28

BRUSSELS, June 15 - European Union antitrust regulators willrule by July 19 whether to clear a plan by British mobileoperator Vodafone and U.S. cable company Liberty Global to merge their Dutch operations.

The companies sought approval from the European Commissionon Tuesday, according to a filing on the EU competitionauthority website.

The Commission can either approve the deal with or withoutconditions in the preliminary phase or open a full-scaleinvestigation if it has serious concerns the tie-up may lead tohigher consumer bills.

The combined company would be the second largest telecomsprovider in the Netherlands after former incumbent KPN.The industry has seen a wave of consolidation in recent years ascompanies seek scale in order to invest in costly fast-speednetwork infrastructure. (Reporting by Foo Yun Chee; editing by Adrian Croft)

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