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Telia ‘offers concessions’ over Bonnier deal

Company reportedly submitted document to the European Commission

Scandinavia’s largest telecom company Telia has reportedly offered concessions to the EU over its proposed takeover of Bonnier Broadcasting.

In May it was announced that the European Commission had opened an investigation into the deal over antitrust concerns.

Reuters said it has seen documents from Telia in which it has offered to grant TV distributors in Sweden and Finland fair and reasonable access to its free-to-air and basic pay-TV channels.

The report continued that Telia also pledged to grant a license to its TV channels to one internet provider in Sweden and Finland respectively, and has also committed to sell advertising space on its TV channels on fair and reasonable terms to telecoms providers and TV distributors in Sweden and Finland.

The EC is due to reveal its decision about the deal by 19th November.