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Telefónica Deutschland Holding AG: EU Commission confirms Telefónica Deutschland's national roaming offer in line with merger remedies

·2-min read

DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Contract
05.02.2021 / 23:03
The issuer is solely responsible for the content of this announcement.

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
Investor Relations
Georg-Brauchle-Ring 50
D-80992 Munich
t +49 (0)89 2442-1010
f +49 (0)89 2442-2000
e ir-deutschland@telefonica.com


05.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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


MDAXTecDAX

 

End of News

DGAP News Service

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