TELECOMMUNICATIONS: TELEFONICA BID FOR CESKY TELECOM GETS GO-AHEAD.

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The Commissions examination of the transaction showed that there were no horizontal overlaps between the activities of the two companies in their respective countries. It also ruled that the deal did not raise any substantial vertical competition concerns in the Spanish and Czech markets for wholesale international roaming and fixed and mobile telecommunications.

Telefonica has said it will integrate Eurotel into FreeMove, a recently-formed international alliance for the provision of pan-European mobile...

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