The European Commission is set to consider easing merger rules in the telecommunications sector to help develop 5G and consolidate the cross-border market.
This is what emerged from the draft connectivity package which will be presented on 21 February.
"Market fragmentation could impact the ability of operators to reach the scale necessary to invest in the networks of the future, in particular in view of cross-border services", we read in the document and "the question arises whether cross-border consolidation or different forms of upstream cooperation could allow operators to acquire sufficient size, without compromising downstream competition".
Tim tears up the stock market with press rumors about a easing of EU rules on mergers in the telecommunications sector and on the day of the 2023 preliminary balance sheet. On PiazzaAffari the stock gains 5.5% to 0.28 euros.
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