Liberty Global has offered to make more concessions in order to gain European Commission approval for its planned acquisition of Belgian mobile operator Base, it emerged last week.
At present there are no details available about the nature of the U.S.-based company’s proposed remedies. The European Commission’s competition Website simply shows that it received new commitments early last week.
This is the second set of remedies proposed by Liberty Global since it announced its €1.33 billion agreement to acquire Base in April.
It submitted its first proposals in mid-September, but a month ago the Commission announced that it would undertake an in-depth investigation in the deal on the grounds that it could damage competition in Belgium.
Liberty Global aims to acquire Base through its Belgian cable arm Telenet and to merge the two companies, giving Telenet its own mobile infrastructure and 3.2 million new customers.
As it stands, Telenet operates as a mobile virtual network operator (MVNO) in Belgium. It had 953,700 customers as of mid-2015.
The Commission is due to make a ruling in the case by 3 March next year.
According to Reuters, it is likely to seek feedback from the market before it makes a decision on Liberty Global’s suggested remedies.
