TeliaSonera and Telenor this week submitted further concessions to the European Commission in a bid to win support for their planned Denmark merger.
Reuters reported on Monday that the two telcos have offered to sell a 40% stake in the proposed joint venture’s infrastructure business to a new player. The same buyer would also take control of Telenor’s prepaid arm BiBob, which has approximately 140,000-150,000 subscribers.
This is the second time TeliaSonera and Telenor have presented concessions to the Commission; the first were submitted in mid-August.
According to Reuters, that first occasion saw the two companies offer to sell two blocks of 2.1-GHz spectrum and rent up to 15% of the joint venture’s network capacity to a new player. However, the proposals received a lukewarm response.
TeliaSonera and Telenor agreed to merge their Danish operations in December 2014.
The EU launched an investigation into the deal in April, citing concerns about the deal’s effect on competition in the mobile market. It formally presented its objections to the deal in June.
Despite the difficulties, the telcos have so far remained confident that the deal will receive the go-ahead before the end of the year.
