The Italian Competition and Markets Authority announced in a press release on July 17, that French telecomms service provider, Iliad, is clear to begin operations in Italy through a local subsidiary that bought assets divested by Wind TreS.p.A. The new competitor will be the fourth provider in the market and will fill the void left by the merger of Wind and Tres.
The Authority has ruled that the purchase of assets by Iliad is technically a merger, but that because the expected yearly revenue generated by the combined assets is less than €1 million (US$1.16 million) it does not meet requirements for a prior notification.
The company’s national debut is expected by the end of the year, although official dates are still unreleased.
Full Content: Mondo3
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