After having approved the acquisition of PT Portugal by Altice on April 20, 2015, the European Commission initiated an investigation into infringement by Altice of the obligation of prior notification of concentrations under Article 4(1) of the Merger Regulation and/or of the stand-still obligation laid down in Article 7(1) of the Merger Regulation.



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The European Commission has issued today a statement of objections informing Altice of the objections raised. Altice does not agree with the European Commission’s preliminary conclusions, and will submit a full response to the statement of objections and contest all the objections. The sending of a statement of objections does not prejudge the final outcome of the investigation.

The investigation proceedings do not affect the approval granted by the European Commission for the acquisition of PT Portugal by Altice.

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