Hutchison 3G UK / Transvision Investments merger inquiry

The CMA is investigating the anticipated acquisition of by Hutchison 3G UK Limited of the entire issued share capital of Transvision Investments Limited.

Statutory timetable

Phase 1 date Action
10 May 2017 Deadline for phase 1 decision (*)
10 to 24 March 2017 Invitation to comment
10 March 2017 Launch of merger inquiry

(*) This date is the current statutory deadline by when the decision will be announced. If any change occurs, the information is refreshed as soon as practicable. However, the CMA cannot guarantee that the decision will be announced on or before this current deadline, as the deadline of a given case may change during the merger assessment process due to different reasons.

Phase 1

Invitation to comment: closes 24 March 2017

10 March 2017: The Competition and Markets Authority is considering whether it is or may be the case that the anticipated acquisition by Hutchison 3G UK Limited (Three) of the entire issued share capital of Transvision Investments Limited, will, if carried into effect, result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Hutchison 3G UK Limited is an indirect wholly owned subsidiary of CK Hutchison, a mobile network operator offering mobile communications services under the “Three/3” brand in the UK. Transvision Investments Limited is the holding company of UK Broadband Limited (UKB), a provider of fixed wireless broadband networks in the UK. Through the transaction, Three will acquire, inter alia, UKB’s radio spectrum licences (in the 3.4 GHz, 3.6 GHz, 3.9 GHz, 1800 DECT guard band, 28 GHz and 40 GHz bands) and its fixed wireless access business, including Relish, a fixed wireless broadband provider primarily active in Central London.

Launch of merger inquiry

10 March 2017: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition issues and whether it is or may be the case that the proposed acquisition will result in the creation of a relevant merger situation to:

John McKellar
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

john.mckellar@cma.gsi.gov.uk

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