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Iliad wins EU antitrust okay for $4 bln Polish telecoms deal

Credit: REUTERS/STEFANO RELLANDINI

French telecoms operator Iliad on Tuesday won EU antitrust clearance for its 3.5-billion-euro ($4.14 billion)acquisition of Polish mobile group Play as it stepped up its overseas expansion.

BRUSSELS, Oct 27 (Reuters) - French telecoms operator Iliad ILD.PA on Tuesday won EU antitrust clearance for its 3.5-billion-euro ($4.14 billion)acquisition of Polish mobile group Play PLY.WA as it stepped up its overseas expansion.

The European Commission's decision published on its website confirmed a Reuters story on Oct. 14.

Iliad, Europe's sixth-largest mobile operator, is controlled by French tycoon Xavier Niel and is present in Ireland and Italy.

Polish No. 1 mobile operator Play competes against Orange Polska OPL.WA, Deutsche Telekom's DTEGn.DE T-Mobile and Polkomtel PTL.UL, a unit of Cyfrowy Polsat CPS.WA.

($1 = 0.8461 euros)

(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)

((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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