T-Mobile US (TMUS) received antitrust clearance to acquire joint control of Greenlight HoldCo and Future Fiber Holdings with Oak Hill Capital Management, the European Commission said Tuesday.
The transaction focuses on supplying fiber-to-the-premises broadband networks to residential consumers, the EC said.
The regulatory agency determined the merger raises no competition concerns due to its minimal impact on the European Economic Area, the commission said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.