By Sascha Schubert –
The EU telecoms sector has gone through several years of intense M&A activity, characterized by horizontal 4:3 mobile consolidation on the one hand and fixed/mobile integration on the other. Whether and in which direction consolidation will continue over the coming years depends in part on the prospects of obtaining regulatory clearance. After a series of highly publicized and sometimes controversial European Commission decisions, now may be an appropriate time to take a step back and look at the broad themes which are emerging from those cases.
