Deals
Telefonica Deutschland, E-Plus Deal Gets In-Depth Probe
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Telefonica Deutschland will be probed by European Union regulators over its bid for Royal KPN NV’s E-Plus unit, a deal combining two of Germany’s four mobile-phone operators.
The European Commission set a May 14 deadline to rule on the deal, saying it had concerns that the transaction may reduce competition for retail customers and for wholesale access bought by mobile virtual network operators that offer phone services.