Liberty Global remarks on European Commission announcement.

TELECOMWORLDWIRE-December 19, 2018-Liberty Global remarks on European Commission announcement

(C)1994-2018 M2 COMMUNICATIONS http://www.m2.com

The European Commission announced that it is moving forward to a Phase 2 review of Vodafone's acquisition of Liberty Global's business in Germany, Hungary, Romania and the Czech Republic, the company said.

With the expected launch of this new phase, the European Commission is retaining regulatory authority over the case and the transaction remains on track for approval by mid-2019.

Mike Fries, Liberty Global's CEO, stated, "This is welcome and...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT