Monitoring Desk
BRUSSELS: EU antitrust regulators have extended by two weeks to July 23 their investigation into Vodafone’s $22 billion bid for Liberty Global’s cable networks in Germany and central Europe, according to a filing on the European Commission website.The EU competition enforcer decline to comment on the reason for the extension. Vodafone, the world’s second-largest mobile operator said discussions with the Commission were ongoing.
Earlier this month, Vodafone offered to grant rival Telefonica Deutschland access to its enlarged high-speed broadband network to allay competition concerns about the deal..
However, rivals and customers have provided negative feedback to the Commission, suggesting Vodafone may need to improve its proposal in order to win regulatory approval for the deal, sources said.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
