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EU Commission: Requested Information From Five Large Telecoms Companies

Date : 03/14/2012 @ 6:56AM
Source : Dow Jones News
Stock : Vodafone Grp. (VOD)
Quote : 214.85  -2.2 (-1.01%) @ 11:35AM
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EU Commission: Requested Information From Five Large Telecoms Companies

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The European Union's antitrust watchdog has requested information from five telecommunications companies relating to meetings to discuss standardization of mobile telecoms, a spokesman for the bloc's competition chief said Wednesday.

The requests went to Deutsche Telekom AG (DTE.XE), France Telecom (FTE.FR), Telefonica SA (TEF.MC), Vodafone Group PLC (VOD) and Telecom Italia (TIA) as well as GSMA, the trade body which represents mobile operators' interests.

"The requests for information relate to the manner in which standardisation for future services in the mobile communications area is taking place," a spokesman for European Union competition chief Joaquin Almunia said in an email. "The Commission has not opened formal proceedings. These fact-finding steps do not mean that we have competition concerns at this stage, nor do they prejudge the follow-up."

- By Frances Robinson, Dow Jones Newswires; +32 2 741 1486; frances.robinson@dowjones.com



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