European Commission Approves Orange's Full Acquisition of MasOrange, Strengthening Market Position
The European Commission has granted approval for Orange, a French telecom group, to acquire full control of Spanish telco MasOrange. This decision follows a simplified review process, which determined that the acquisition does not pose competition concerns under EU merger rules. Orange will purchase the remaining 50% stake in MasOrange, consolidating its control in Spain, which is its second-largest market in Europe. The acquisition is valued at €4.25 billion ($4.97 billion) and is part of Orange's strategy to enhance its market position and support long-term growth plans. MasOrange, formed through the merger of Orange and MásMóvil in 2024, has become the largest telecom operator in Spain by customer base. The initial merger was valued at approximately €18.6 billion and included provisions for Orange to assume full control within a 24 to 42-month window.