Orange took the plan to buy the fixed division of Telekom to the point where the Romanian state was also announced, and a working group was formed to analyze the transaction and approve it for completion. The problem is that this step is only one of an extremely long procedure in which Orange will have to wait a long time to be able to buy the fixed services division of Telekom, everything that follows "stretches" until 2020.
Orange will have this acquisition analyzed by the European Commission, and this is because it is about a very large number of customers that are to be transferred, but also about a lot of infrastructure. This means that we are talking about many months of waiting until the European Commission makes a decision, especially since the composition of the new executive of the European Union has not yet been decided, so Orange needs a lot of patience.
Orange: The very BAD news regarding the Telekom PURCHASE
Orange could have to wait up to 1 year to find out the European Commission's decision regarding the acquisition of Telekom's landline division, and this after it took more than 1 year in the case of UPC's acquisition by Vodafone. There it was about a transaction that involved several countries, so the European Commission had more to analyze, but in Romania, Orange and Telekom have to wait first for all the commissioners to be appointed, and then for them to get started nice.
Orange will not have to wait even 1 year for a possible decision, but without taking into account the period between now and December, when the new component of the European Commission will come into operation, 6 months could pass. We are talking about a very long waiting period for Orange and Telekom, and this in the conditions where the Germans are in a hurry to flee Romania as quickly as possible, but they can't do it that easily.
Orange will probably try to speed things up through the "mother company" in France, and Telekom through the one in Germany, so it remains to be seen how the review terms for the acquisition could be reduced.
