{"id":233330,"date":"2021-04-13T10:25:48","date_gmt":"2021-04-13T10:25:48","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=314595"},"modified":"2021-04-13T10:25:48","modified_gmt":"2021-04-13T10:25:48","slug":"italy-probes-ck-hutchison-cellnex-tower-deal","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/04\/13\/italy-probes-ck-hutchison-cellnex-tower-deal\/","title":{"rendered":"Italy probes CK Hutchison, Cellnex tower deal"},"content":{"rendered":"

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\tThe Italian Competition Authority (AGCM) initiated an investigation into the sale of CK Hutchison’s European tower assets [1] to Cellnex Telecom, seeking to establish whether the deal would cause hurdles for rivals following completion.<\/p>\n

In a notice issued yesterday (12 April), the watchdog said the probe will be concluded within 45 days and aim to find whether the transaction is likely to eliminate or reduce competitiveness through \u201cthe establishment or strengthening of a dominant position\u201d in the telecoms infrastructure market.<\/p>\n

AGCM expressed concerns the merger will lead to the concentration of market power by Cellnex Italia, which it estimated will control more than 70 per cent of the nation’s mobile infrastructure, potentially limiting the \u201cdegree of openness” for third-party operators.<\/p>\n

The authority highlighted the deal could also lead to price hikes or reductions in available capacity, to the benefit of operators \u201calready in possession of long-term contracts, such as Wind Tre\u201d.<\/p>\n

CK Hutchison\u2019s shareholders approved the sale [2] of its tower assets across the continent to Cellnex Telecom in December 2020, in a transaction worth \u20ac10 billion.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/cellnex-inks-e10b-europe-deal-with-ck-hutchison
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/shareholders-clear-ck-hutchison-cellnex-tower-deal<\/p>\n\n

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The Italian Competition Authority (AGCM) initiated an investigation into the sale of CK Hutchison\u2019s European …<\/p>\n

The post Italy probes CK Hutchison, Cellnex tower deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Italy probes CK Hutchison, Cellnex tower deal - ITTeacherITFreelance.hk","description":"The Italian Competition Authority (AGCM) initiated an investigation into the sale of CK Hutchison\u2019s European ... The post Italy probes CK Hutchison, Cellnex tow"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/233330"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=233330"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/233330\/revisions"}],"predecessor-version":[{"id":233331,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/233330\/revisions\/233331"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=233330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=233330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=233330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}