ECONOMY - FINANCE - BUSINESS / (ae) competition

Commission authorises Deutsche Telekom take over of GTS

Brussels, 15/04/2014 (Agence Europe) - On Tuesday 15 April, the European Commission cleared the proposed acquisition of telecommunications company GTS Central Europe (“GTS”) of Luxembourg by rival Deutsche Telekom (“DT”) of Germany. DT provides fixed and mobile telecommunications as well as internet and internet protocol television services to consumers mainly in Europe. GTS Central Europe is active in the telecommunications sector and especially in the provision of...