Vodafone Abandons Greek Merger on European Union Opposition

Vodafone Group Plc decided to abandon an attempt to merge its Greek unit with rival Wind Hellas after facing European Union regulatory opposition.

Vodafone and shareholders of Wind Hellas, Greece’s second-and third-largest mobile-phone service providers, “agreed to terminate discussions relating to a potential business combination,” the British phone company said in a statement today. The talks ended as European regulators were concerned about creating a market with only two operators, a person with knowledge of the matter said, declining to be identified because the discussions are private.