While some European countries already hold minority stakes in national operators, this move is a clear attempt to moderate the influence of foreign actors in key industries
Spain: Orange/MasMovil merger approved with remedies
While the EC may not have fully opened the door to further in-market consolidation, it is perhaps now ajar
Deregulation of wholesale fixed call origination
Spain’s CNMC looks to remove access obligations on Telefónica, bringing regulation in line with the majority of EU Member States
UK: CMA Phase I review of Vodafone/Three
Following formal notification, a 40 working day assessment of the merits of the merger now begins before deciding whether a longer (up to 32-week) investigation is required
Remedying competition concerns in European mergers
As rumours circulate about possible acquisitions, we discuss progress made – and consider the potential commitments – in three live competition reviews
Lowering network rollout barriers in Spain
The CNMC backs the creation of a new agency to facilitate cross-government collaboration and improve operator access to public and private property
CNMC launches cloud market investigation
Cloud services are attracting increasing attention from regulators globally, which is set to ramp up with further adoption of emerging technologies
AI: The EU’s first supervisory body
Spain’s new AI agency is designed to steer the development of the technology while anticipating requirements of future EU regulation
Subsidising 5G to close the digital divide
An EU-funded scheme in Spain will target sparsely populated rural areas, with the aim of closing the digital divide within two years
WACC: Adjustments in Spain to reflect recent macroeconomic conditions
CNMC adjusts the risk-free rate for Telefónica and Cellnex, but signals a return to the EC’s approved methodology
