A1 Telekom Austria's planned acquisition of mobile virtual network operator (MVNO) Yesss! from counterpart Orange faces an extended review by Austria's federal competition authority, Bundeswettbewerbsbehorde (BWB), delaying Hutchison Whampoa’s previously agreed EUR1.4 billion (USD1.87 billion) takeover of the France Telecom-Orange owned unit. The BWB issued a statement this week indicating that the mooted combination of A1 Telekom Austria and Yesss! would have negative consequences for the domestic wireless market in general and consumers in specific, who would likely face higher prices
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OVETEL BWB slams brakes on A1, Yesss! deal; new phase review could take five months
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