EC may investigate France Télécom aid

News

EC may investigate France Télécom aid

The European Commission will decide in a few weeks whether to open a state aid investigation into France Télécom.

Last year, the French government said that it planned to inject €9bn (£5.9bn) into the struggling telecoms operator.

The Commission spokesman on state aid matters, Tilman Luder, said that the decision on whether the injection constitutes aid is difficult, owing to the complexity of the transaction, but he indicated that a formal investigation was likely because only then could third parties, such as rival telecom companies, contribute comments to help the commission's assessment.

"It's a difficult and a big case," Luder said. "The opinions of competitors and others are sought."

Telecoms ministers from other European Union countries have spoken out against the aid.

Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy