TELECOM ITALIA/MEGABEAM ITALIA
PRESS RELEASE
PRESS RELEASE
WI/FI: TELECOM ITALIA/MEGABEAM: THE AUTHORITY HAS COMMENCED AN INVESTIGATION
At its meeting on 19 June 2003 the Competition Authority resolved to commence an investigation into the acquisition of Megabeam Italia by Telecom Italia.
The acquisition of Megabeam Italia, one of Italy's leading suppliers of RLAN (Radio Local Area Networks) infrastructure and wi-fi services, could strengthen Telecom Italia's dominant position on the connectivity and broadband local access market.
The acquisition could also create or strengthen Telecom's dominant position on the market for the provision of access to broadband Internet services by end-customers, because the operation would give it the possibility to offer wi-fi services in such important and profitable areas as airports.
The investigation will be completed within 45 days of the date of commencement.
Rome, 20 June 2003