Orange and MásMóvil sign an agreement with Digi and pave the way for their merger

by Marcus Liu - Business Editor
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Orange and MásMóvil This Tuesday they sealed a agreement with Digi for the sale of a frequency package and a network access agreement with which they seek to unblock Brussels’ authorization of their merger.

What is known as the agreement of remedies must now be analyzed by the Competition authorities of the European capital, who will once again have Marghrete Vestager at the helm, after her leave to compete unsuccessfully against Nadia Calviño for the presidency of the EIB.

Brussels has a 50-day deadline, so the verdict can be delayed until next year, when it would be two years. almost since the announcement of the exclusive negotiation period and a year and a half since the announcement of the operation, a long process that has provoked bitter complaints from those involved.

The agreement means that Digi will acquire three spectrum strips, which will allow it to have the capacity to provide 4G and 5G mobile services on its own network. At the same time, you may opt for a roaming with Orange, to use its mobile network.

In return, The operator of Romanian origin will pay 120 million euros in installments, plus a payment of 20 million euros additional as part of the transaction, as communicated to its investors.

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