26.11.2020   

EN

Official Journal of the European Union

C 403/13


Prior notification of a concentration

(Case M.10046 – DEUTSCHE TELEKOM/SK TELECOM/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 403/07)

1.   

On 18 November 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

Deutsche Telekom AG, (‘DT’, Germany),

SK Telecom Co., Ltd. (‘SKT’, South Korea).

DT and SKT will establish a full-function, jointly controlled Joint Venture within the meaning of Article 3(4) of the Merger Regulation. The Joint Venture will be dedicated to the development of radio frequency repeater technology and the licensing of resulting intellectual property rights to third parties (repeater vendors).

The Transaction is accomplished by way of purchasing shares in a newly created company constituting a Joint Venture.

2.   

The business activities of the undertakings concerned are:

for DT: telecommunications company as well as a provider of information and communication technology (‘ICT’), offering fixednetwork/ broadband, mobile communications, internet, IPTV products, services and solutions for consumers and business customers,

for SKT: a telecommunication company, active in ICT and in the development of 5G communication and technology. SKT is ultimately controlled by SK Holdings Co., Ltd., the parent of a family of businesses which have a wide range of activities, including in chemicals, construction, energy, engineering, semi-conductors, telecommunications and trading (‘SK Group’).

3.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.   

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

Case M.10046 – DEUTSCHE TELEKOM/SK TELECOM

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.