Corporate | 5 February 2021 23:03
Telefónica Deutschland Holding AG: EU Commission confirms Telefónica Deutschland’s national roaming offer in line with merger remedies
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DGAP-News: Telefónica Deutschland Holding AG
/ Key word(s): Contract
Munich, 5 February 2021 Telefónica Deutschland: EU Commission confirms Telefónica Deutschland’s national roaming offer in line with merger remedies Telefónica Deutschland welcomes the EU Commission’s confirmation that the national roaming offer submitted to 1&1 Drillisch is competitive and in good faith. The offer thus complies with the “MNO remedy” under the antitrust rules from the merger of Telefónica Deutschland and E-Plus in 2014, which include the option of converting the existing MBA MVNO agreement into a national roaming agreement. In line with the EU Commission, Telefónica Deutschland’s final offer is valid until 19 February 2021. Regardless of 1&1 Drillisch’s decision to accept the offer, the long-term partnership between the companies continues. Furthermore, Telefónica Deutschland does not expect any negative retrospective impact on financial results for fiscal year 2020. Telefónica Deutschland’s financial planning and the medium-term outlook remain unaffected.
Further information:
Telefónica Deutschland
05.02.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | Telefónica Deutschland Holding AG |
| Georg-Brauchle-Ring 50 | |
| 80992 München | |
| Germany | |
| Phone: | +49 (0)89 24 42 0 |
| Internet: | www.telefonica.de |
| ISIN: | DE000A1J5RX9 |
| WKN: | A1J5RX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1166425 |
| MDAX TecDAX |
| End of News | DGAP News Service |