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Orange UK and T-Mobile UK merger approved by the European Commission


Posted: 07 Apr 2010

European Commission has recently approved the merger between France Telecom's Orange UK and Deutsche Telekom's T-Mobile UK. According to a joint release, the carriers will now serve 29.5 million customers and they expect to generate "estimated synergies with a net present value in excess of 4 billion euros".The two brands, T-Mobile and Orange UK, will remain in place for at least 18 months. CEO of Orange UK Tom Alexander will lead the team and T-Mobile UK's CEO Richard Moat will be the chief operating officer.

In addition, the carriers also claim they will divest two 15MHz bands of their 1800MHz GSM spectrum by the end of next year, and an additional 2x10MHz will be divested by September 30th, 2013.

VIA MobileBurn
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