Brussels, 16/08/2000 (Agence Europe) - The European Commission has cleared a plan for a joint-venture between the Spanish telecommunications firm Telefonica Internacional SA and America's Tyco International Ltd, considering that the operation would have no significant effect on the European market. The joint-firm, - Sam 1 - will build operate and market an undersea fibre-optic cable ring around South America.
Telefonica is a telecommunications operator located in Spain, and TISA, its...