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EU antitrust regulators set April 11 deadline for Orange's Belgian deal

Published 31/01/2023, 18:20
Updated 31/01/2023, 18:25
© Reuters. FILE PHOTO: Logo of French telecom operator Orange is seen during GSMA's 2022 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2022. REUTERS/Nacho Doce/File Photo

BRUSSELS (Reuters) - EU antitrust regulators will decide by April 11 whether to clear Orange's bid for a majority stake in Belgian peer VOO SA after the French telecoms provider signed a deal with Liberty Global (NASDAQ:LBTYA)'s Telenet to address EU competition concerns.

The European Commission temporarily halted its investigation into the deal in October while waiting for Orange to reach an agreement allowing Telenet to expand into Wallonia in the south of Belgium that would make it a national operator and rival.

Orange and Telenet reached an agreement on Monday.

The EU competition enforcer will seek feedback from competitors and customers before deciding whether to nod through Orange's VOO deal allowing it to gain control of the latter's cable network in the Wallonia region and part of the Brussels area.

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