European Commission (EC) cleared Vodafone purchase of Irish wirel...
European Commission (EC) cleared Vodafone purchase of Irish wireless carrier Eircell, saying transaction didn’t raise competition concerns. Vodafone’s acquisition of Eircell, which is controlled by Ireland’s incumbent operator Eircom, marks its entry into Irish mobile market, EC said. That…
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market already has competitors such as Esat Digifone, part of British Telecom group, and Meteor, which is about to begin operations. EC said Eircell didn’t serve U.K., where Vodafone competes with 3 other operators. In Dec., Vodafone unveiled plan to buy Eircell for $4.11 billion in stock.