Merger Notification - Announcement according to § 10 Cartel Act
Cube Telecom Europe BidCo Limited; GTT Austria GmbH
On 11.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Cube Telecom Europe BidCo Limited, United Kingdom, intends to acquire sole control ober the network infrastructure business of GTT Communications Inc., USA.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.01.2021.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 09.01.2021 .