Romanian telco operator Digi has confirmed its deal with Orange and MásMóvil whereby it will gain access to their mobile networks, thus paving the way for the European authorities to give approval to the merger.

Digi will pay Orange €120 million for the usage of its network. In exchange, it will be able to manage 60 MHz of capacity within the spectrum bands of 3.5 GHz, 2100 Ghz and 1800 GHz. In addition, Digi will pay MásMóvil €40 million a year for its network.

With this move, the European Commission is now likely to approve the merger – valued at €18.6 billion – in the first quarter of 2024.

Other posts by :

1. Major banks support AST SpaceMobile
2. Fitch downgrades DirecTV debt
3. BBC: You’ll miss me when I’m gone
4. Some new US Starlink subs face $1,000 start-up fee
5. Project Kuiper beating OneWeb
6. OQ Tech gets Luxembourg 5G-by-Sat concession
7. Roskosmos: Heads roll, launch project scrapped
8. MDA under pressure over satellite order
9. SES backs C-band action from FCC

Categories: Articles, Business, M&A, Telco

Tags: Digi, MásMóvil, merger, Orange