EU Commission clears T-Mobile, Orange UK merger

Mar 2, 2010
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EU Commission clears T-Mobile, Orange UK merger

If you live in the UK and are a customer of Orange or T-Mobile changes might be coming. The EU Commission has approved the merger of the two companies. The merger reportedly has no negative impact on customers or each firm's overall business.

The approval means that the two companies can start the integration of operations immediately with the final closing of the transaction set for this spring. The joint venture is expected to generate a value in excess of 4 billion euros.

The merged companies will have board members from each firm. Both the T-Mobile and Orange brands will continue to operate in the UK for at least 18 months after the transaction is complete. Both firms cite a larger network as one big benefit for current customers of either company.


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