01 August 2007

EU - Commission approves proposed joint venture between SES Astra and Eutelsat

(RAPID)
The European Commission has approved under the EU Merger Regulation the creation of a joint venture between SES Astra of Luxembourg and Eutelsat of France for the provision of satellite infrastructure for broadcasting mobile TV as well as voice and data communication services to mobile devices. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.