Light Reading's Tereza Krasova explains what the $20 billion Orange/Másmóvil merger could mean for other service provider mergers in the EU.
Light Reading's Tereza Krasova provides an update on the recently approved merger between Orange and Másmóvil in Spain. The deal is valued at €18.6 billion (US$20.1 billion).
During the podcast, we discuss competition concerns over the merger and the remedies proposed by the European Commission (EC) to address them. One of the solutions means Spain will remain a four-operator market because Digi will buy Másmóvil's spectrum to build its own network.
"The merged Orange/Másmóvil entity will become the largest operator in Spain in terms of customer numbers, with Orange saying they will jointly serve over 30 million mobile customers and more than 7.3 million fixed clients," according to Tereza.
She also explains what this could mean for future mergers of service providers in other European countries.
For lightly edited transcript, please click the caption button in the video toolbar.
Here are a few topics we cover:
EC approval of the merger of Orange and Másmóvil in Spain (00:49)
Competition concerns regarding the merger (02:34)
EC's proposed anti-competition remedies (03:57)
Potential impact of the merger on future mergers in the EU between service providers (06:49)
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