– Telefónica to pay €5bn for KPN’s E-Plus in Germany

It could take some time before Telefónica is able to start reaping the financial rewards of the deal’s synergies. While the Spanish incumbent predicted that there would be net savings from year two and KPN suggested that synergies would match the price tag, Bengt Nordstrøm, of industry consultancy NorthStream, suggested that there could be a lengthy approval process from the European and German competition authorities, of between nine and twelve months.

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Next read - Ofcom approves 2G and 3G spectrum refarming

However, Bengt Nordström, co-founder and CEO of consultancy firm Northstream, said at the time that while Vodafone and O2 should be given the option to refarm their 900MHz spectrum for 4G, freeing enough of it up to launch LTE would be a challenge.  This is because operators in the UK are still selling GSM phones and [...]
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