Late last month, Alltel finally got the go-ahead on the sale of Telering
, an Austrian wireless company that was another Western Wireless subsidiary, for $1.
3bn deal for Telering
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The four companies selected to take part in this Finnish pilot were the home electronics stores Musta Porssi Merituuli in Espoo and Jattiporssi in Vantaa, movie distributor Finnkino and mobile communications equipment chain Telering
Mannesmann also owns 15% of Cegetel in France and 75% of Austria's Telering
s sale of Telering
, an Austrian wireless company that was a subsidiary of Western Wireless, which Alltel bought last year.
The contracts, valued at a total of EUR670,000, were received by Makitorppa Oy, Teletekno Oy, Song Networks Oy, Siemens Oy, Erifon Oy, Doro Tele Oy, Telering
Oy, Baycom Oy and Desk Kasteam Oy.
UTA is expected to face competition from other competitors entering the rapidly growing telecom market, such as Telering
, Verbund or Citykom, and does not create or strengthen a dominant position, the Commission said when clearing the deal under the EU Merger Regulation.
Alltel is still trying to sell Western Wireless' Telering
unit to T-Mobile Austria.
6 billion deal to sell Telering
to T-Mobile Austria.