Αρχική iptv-news Digi reacts to Hungarian Invitel decision

Digi reacts to Hungarian Invitel decision

30
ΚΟΙΝΟΠΟΙΗΣΗ


Digi has issued a response to the decision by the Hungarian Competition Authority (GVH) to block its proposed takeover the alternative telco Invitel.

In it, the company says: “We disagree with the decision of GVH, and strongly uphold that we acted in good faith and provided complete and accurate information during the main procedure. We provided the requested data to GVH in multiple rounds, including with respect to i-TV, and our colleagues and experts were available for further consultation, in as much as the company had all the interest to provide all needed information and clarification for the issuance by the GVH of its decision on the merger we applied for.

“The incomplete data that the GVH relied on to impose the commitment in connection with the i-TV territories overlapping with the Invitel operations was not provided by us, but collected by the GVH in its extensive investigation on the case that lasted for ten months.

“Meanwhile, we will fully cooperate with GVH in good faith in this new investigative process, so the new resolution re-approving the transaction can be issued as soon as possible”.

As previously reported by Broadband TV News, GVH made its decision and imposed a fine of HUF90 million (€280,000) only a matter of days ago.

The Digi/Invitel deal was first announced in July 2017.



Source link