The Norwegian Competition Authority (Konkurransetilsynet) objects to TeliaSonera/NetCom’s acquisition of Tele2 Norway, in a preliminary viewpoint issued today.
Interested parties need to provide their comments by December 22. Based on the comments, the Competition Authority will make a new evaluation before giving a final decision.
“We are concerned regarding the statement from the Norwegian competition authority to reject the transaction between Tele2 Norway and TeliaSonera, despite significant remedies offered to the third network operator in the country,” commented Mats Granryd, President and CEO of Tele2 AB.
“This will potentially jeopardize the creation of a dynamic mobile market in Norway with two strong competitors to the incumbent.”
As a next step, Tele2 will together with TeliaSonera evaluate the statement from the Competition Authority and respond with appropriate actions.