Comco issues surprise veto of Orange-Sunrise merger

22nd April 2010, Comments 0 comments

Comco, the Swiss competition bureau, catches observers off guard by quashing a proposed merger between the Swiss operations of France Telecom Orange and Sunrise Communications, controlled by Danish company TDC. The bureau maintains the combined company would stifle competition in the countrys mobile phone market, dominated by Swisscom - a former government monopoly, meaning the deal is likely "dead", an analyst tells Swisster.

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