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UPC Romania

Local subsidiary of Huawei takes over UPC Romania’s employees and assets

Huawei’s subsidiary in Romania, the world’s leading provider of information and communications technology (IT & C) solutions, takes over employees and assets from UPC Romania, TV and internet service provider, for the maintenance services of public terrestrial communications networks with fixed access in Romania.

The operation has been endorsed by the Competition Council, a press release informs.

”The Competition Authority has assessed the economic concentration operation from the point of view of its compatibility with a normal competitive environment, according to the regulations in the field, and found that the activities of the companies did not overlap in Romania. As a result, the operation does not raise significant barriers to competition,” the release reads.

 

About Anca Bernovici

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