PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2005/57 - SONAECOM/NOVIS/CLIXGEST
Acquired
Clixgest - Internet e conteúdos, S.A.,
Description
an undertaking that provides internet access services and data transmission services; it is a joint venture between the Sonae and France Telecom Groups;
Acquired
Novis Telecom, S.A.
Description
a fixed network operator in Portugal; it is a joint venture between the Sonae and France Telecom Groups
Acquiring
Sonaecom, SGPS, S.A.
Description
a sub-holding of the Sonae Group for the areas involving telecommunications, the internet and multimedia; it functions in four areas, namely, fixed communications, mobile communications, the internet and multimedia sector, and the software and information systems industry;
Sector
  • Telecommunications & Media
Activity (NACE)
  • J61 - Telecommunications
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Vertical
Cooperation with sector regulators
  • ANACOM - Portuguese Communications Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 19 September 2005, this merger consists of the acquisition by SONAECOM, SGPS SA of sole control of the undertakings NOVIS TELECOM SA and CLIXGEST - INTERNET E CONTEÚDOS SA, resulting from a new issue of registered capital by SONAECOM SGPS SA to be wholly subscribed by the FRANCE TELECOM Group, via the surrender of its minority holdings in NOVIS TELECOM SA and CLIXGEST - INTERNET E CONTEÚDOS SA.
Timeline
2005-11-02
Competition Authority approves SONAECOM´s acquisition of sole control of NOVIS and CLIXGEST
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