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Company Statement: Proposed acquisition of YESSS! by Telekom Austria in phase II of the merger control proceedings

( June 28, 2012, 13:44 GMT | Official Statement) -- MLex Summary: Telekom Austria announced that the Austrian Federal Competition Authority has applied for an in-depth assessment by the Cartel Court of their proposed acquisition of rival YESSS! Telekommunikation. The CEO of Telekom Austria, Hannes Ametsreiter, said he hoped for a swift decision for the sake of their customers, but the procedure may last until the end of November.The full statement follows:...

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