www.WirelessFederation.com/news: A proposal has been filed by Deutsche Telekom AG and France Telecom to the European commission for a joint venture in the U.K. The step is taken four months after the announcement of the deal.
The deal for 50- 50 partnership between France Telecom’s Orange UK and Deutsche Telekom’s T-Mobile was announced on September 8. With 37% market share, the joint venture will create the U.K.’s largest mobile operator ahead of current leaders Telefonica SA’s O2 with its 27% share and Vodafone PLC’s 25%.
The European Commission has time until February 15 to complete the investigation of the adverse effect of the deal on the market. The joint venture may start working by the middle of 2010.