1.   

On 15 January 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:

—	Telefónica S.A. (‘Telefónica’, Spain),

—	Prosegur Compañía de Seguridad, S.A. (‘PCS’, Spain)

—	Prosegur Alarmas España, S.L.U. (‘Prosegur Alarmas’, Spain), currently solely controlled by PCS.

Telefónica and PCS acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Prosegur Alarmas.

The concentration is accomplished by way of purchase of shares.

The same concentration was already notified to the Commission on 27 November 2019, but the notification was subsequently withdrawn on 20 December 2019.

2.   

The business activities of the undertakings concerned are:

—	for Telefónica: a global telecommunications operator and mobile network provider, operating under a number of brands, including Movistar, O2 and Vivo. Telefónica is a 100 % publicly owned company listed on the Madrid, New York, Lima and Buenos Aires Stock Exchanges,

—	for PCS: provides security services to companies, homes and businesses. PCS’s operations are divided in three business lines, namely alarms, security, and cash,

—	for Prosegur Alarmas: active in the provision of alarms installation services and connection to reception centres in Spain.

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.

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:

M.9559 – Telefónica/Prosegur/Prosegur Alarmas España

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