EU to decide on Vodafone, Liberty Global's Dutch deal by July 19
BRUSSELS, June 15 - European Union antitrust regulators will rule by July 19 whether to clear a plan by British mobile operator Vodafone and U.S (Other OTC: UBGXF - news) . cable company Liberty Global (NasdaqGS: LBTYA - news) to merge their Dutch operations.
The companies sought approval from the European Commission on Tuesday, according to a filing on the EU competition authority website.
The Commission can either approve the deal with or without conditions in the preliminary phase or open a full-scale investigation if it has serious concerns the tie-up may lead to higher consumer bills.
The combined company would be the second largest telecoms provider in the Netherlands after former incumbent KPN (Amsterdam: KPN.AS - news) . The industry has seen a wave of consolidation in recent years as companies seek scale in order to invest in costly fast-speed network infrastructure. (Reporting by Foo Yun Chee; editing by Adrian Croft)