Brussels opens an in-depth investigation into the merger between Orange Spain and MasMovil


The merger of the two groups should generate annual savings of 450 million three years after the merger Florence Piot / stock.adobe.com

DECRYPTION – This merger should lead to the creation of a local telecom giant, valued at 19 billion. Brussels fears an impact on prices for the Spanish consumer.

A strategic merger for Orange Spain and MasMovil, an operation with test value for all of Europe’s telecoms. These are the terms of the equation when it comes to the merger between the second and fourth operator on the other side of the Pyrenees. Announced almost a year ago, the project of the two groups passed an important milestone on Monday, with the deadline for the first phase of examination carried out by the European antitrust. A cycle at the end of which the European Authority traditionally validates a concentration operation, or submits it to an in-depth examination (phase 2) with the need or not for competitive remedies.

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