Telenor and TeliaSonera comment on European Commission Statement of Objections
(Thomson Reuters ONE) -
The European Commission has today taken the next step in the investigation into
the proposed merger of TeliaSonera and Telenor's operations in Denmark by
addressing a "statement of objections" to the two companies. A statement of
objections is an ordinary event in the context of a merger of this type.
Contrary to the concerns raised in the statement of objections we firmly believe
the merger will ultimately be beneficial for competition and Danish consumers.
We will continue in a constructive dialogue with the Commission to make sure all
concerns are properly addressed.
We remain committed to the Danish market but have also realised that a
fundamental change is needed. Competition in the Danish mobile market is fierce
and will remain so in the future. Combining Telia and Telenor in Denmark is
about creating a company with the scale and the capacity to better invest and
compete on price, quality and innovation.
Delivering on this requires investments and if we look back on recent years this
has been a challenge. The status quo would lead to a continued drop in
investment. We want to create a healthy and profitable company that has the
necessary resources to invest in Denmark. It's first and foremost about
providing the best possible experience for our customers, and the businesses
that rely on us every day.
Investments in networks and technology demonstrate clear benefits for consumers
and businesses, supporting an ever more connected society which demands better
speed, quality and security in a competitive market. All of which we firmly
believe are strengthened with our new organisation in Denmark.
We remain confident that the merger will be approved during the second half of
2015.
Media Contact
Meera Bhatia, meera.bhatia(at)telenor.com, +47 4684 4959
Atle Lessum, atle.lessum(at)telenor.com, +47 415 05 645
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originality of the information contained therein.
Source: Telenor via GlobeNewswire
[HUG#1930779]
Unternehmensinformation / Kurzprofil:
Datum: 23.06.2015 - 17:40 Uhr
Sprache: Deutsch
News-ID 402521
Anzahl Zeichen: 2598
contact information:
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OSLO
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"Telenor and TeliaSonera comment on European Commission Statement of Objections"
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