Hutchison closes deal to become No. 3 in Austria
VIENNA (Reuters) – Consolidation of Austria’s cut-throat telecoms market moved ahead on Thursday when Hutchison Whampoa Ltd completed its 1. 3-billion-euro ($1. 7 billion) takeover of Orange Austria, making it the country’s third-biggest mobile operator. Its purchase from Mid Europa Partners (MEP) and France Telecom-Orange followed extensive negotiations that finally won European and Austrian regulatory approval last month. . . .
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