Brussels, 29 th January 2010
Mergers: Commission clears proposed acquisition of German internet provider Hansenet by Telefónica O2
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Hansenet Telekommunikation GmbH of Germany by Telefónica Deutschland GmbH, also of Germany and an indirectly wholly-owned subsidiary of Telefónica S.A. of Spain. The Commission concluded that the concentration would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.
Telefónica Deutschland belongs to the Telefónica Group, which operates fixed and mobile telephony networks in Spain, the Czech Republic, Germany, the UK, Ireland and Slovakia, as well as in a number of countries in Latin America.
Hansenet provides broadband internet access and various telecommunications services, including fixed and data connections in Germany.
The Commission examined the effects of the proposed transaction on the provision of broadband internet access as well as on mobile and fixed telephony. The Commission found that in view of their different business focusses, Telefónica and Hansenet are not major competitors for each other in any of the relevant markets. Moreover, both the horizontal and the vertical relationships between the activities of Hansenet and Telefonica in Germany are limited and the combined firm would continue to face a number of strong, effective competitors, including the incumbent operator Deutsche Telekom.
More information on the case will be available at: