European Commission initiates Phase II investigation into Dutch merger between Tele2 and T-Mobile
Stockholm – Tele2 AB (Nasdaq Stockholm: TEL2 A and TEL2 B): The European Commission (EC) has today announced its decision to initiate a Phase II investigation into the merger of Tele2 Netherlands (Tele2 NL) and T-Mobile Netherlands (TMNL). This is as expected and is in line with the joint guidance from Tele2 NL and TMNL that the transaction will close during H2 2018.In partnership with T-Mobile, Tele2 is having constructive discussions with the EC and will continue to work closely to obtain clearance. The EC now has 90 working days to reach a final decision on the compatibility of the