European Commission (EC)’s Approval of T-Mobile Netherlands Acquisition of Tele2 NL

White & Case LLP advised Deutsche Telekom (DT) before the European Commission (EC), which has unconditionally approved the acquisition of Tele2 NL by DT subsidiary T-Mobile Netherlands.

The expanded company will have an anticipated annual revenue in excess of €2 billion, with around 4.3 million mobile post-paid subscribers. The clearance decision follows an in-depth Phase II investigation, which the EC opened in June to assess the proposed acquisition. This type of merger is known as a four-to-three merger, and the Commission tends to subject these to a high level of scrutiny.

Deutsche Telekom AG offers telecommunications services. The Company led by Timotheus Hottges, Christian P Illek and Birgit Bohle, in 2017 recorded $75 Billion Revenues.

The White & Case team was led by partner Mark Powell (Picture) and local partner Katarzyna Czapracka (both Brussels), with support from local partners Alexandra Rogers and Jérémie Jourdan (both Brussels), and associates Cornelius Börner, Marika Harjula, Guoda Majauskaite (Brussels), Iwo Malobecki and Jolanta Brogowska (both Warsaw).

Involved fees earner: Cornelius Börner – White & Case; Katarzyna Czapracka – White & Case; Marika Harjula – White & Case; Jérémie Jourdan – White & Case; Guoda Majauskaite – White & Case; Iwo Ma?ob?cki – White & Case; Mark Powell – White & Case; Alexandra Rogers – White & Case;

Law Firms: White & Case;

Clients: Deutsche Telekom;