Hutchison 3G Austria (H3G) is reported to be just days away from finalising an agreement to acquire rival mobile operator Orange Austria for EUR1.40 billion (USD1.85 billion). As previously reported by TeleGeography’s CommsUpdate, the deal – which has been rumoured since September 2011 – is dependent on H3G offloading around 3,000 of Orange’s 5,000 base stations, surplus frequencies in the 2.1GHz spectrum band, and Orange’s wholly-owned Yesss! mobile virtual network operator (MVNO) unit to A1 Telekom Austria in a EUR300 million transaction.
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OVETEL H3G ‘days away’ from Orange deal
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