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A balloon with the logo of MasMovil is seen during its bourse debut in Madrid, Spain, July 14, 2017. REUTERS/Juan Medina/File Photo
STOCKHOLM/BRUSSELS, July 25 (Reuters) – Orange (ORAN.PA) and MasMovil’s (MMBMF.PK) $19 billion Spanish telecom merger is set to be a test case for whether Europe’s antitrust regulators have become more lenient in approving deals that reduce the number of mobile operators.
Buried under debt in small, highly competitive markets, Europe’s telecom operators have been talking about consolidation for years but were wary of scrutiny by regulators, which have taken a tough line on any moves that lower competition.
The pandemic, however, has…
