Happy Holidays

Media Boy UK HQ would like to wish Happy Holidays to everyone who view this blog. Don't forget Media Boy UK launches on January 4th 2025 on Blue Sky.

Friday, 15 November 2024

Broadband TV News: EU Court dismisses Telekom challenge to Vodafone-Liberty deal

Story from Broadband TV News:

The European Court of Justice has ruled that Vodafone’s 2018 takeover of Germany’s Unitymedia was legitimate.

The European Commission had initially expressed serious concerns over the $22 billion deal, but eventually approved the transaction, subject to market remedies that had been identified by the Commission.

However, three operators; Deutsche Telekom, Tele Columbus and NetCologne went to the courts in a matter that has only been resolved this week. The operators feared Vodafone would establish a dominant position in Germany, particularly in television distribution, and in the Czech Republic.

However, the court took the view that the objections were unfounded and dismissed the claim.

Copyright © 2024 Broadband TV News.