GSMA governments should cancel the telecom industry mergers and acquisitions Limited 佐爱

GSMA: governments should cancel the telecom industry mergers and acquisitions limited Dumbo Reuters (compile Wen Hui) according to foreign media reports, the global telecom operators and mobile phone manufacturers association released a report on Sunday, urging governments to cancel restrictions on mergers and acquisitions of the telecom industry, think that these Provisions extend the merger approval procedures, but also hinder its business the development of. Global system for Mobile Communications Association (GSMA) said in a report: "in general, other digital communications operators required for the review process in the ecosystem Bibi enterprises need more and more complicated." The report lists the European Commission (EC)’s review of Hongkong and Hutchison Whampoa  Telecom, which is trying to buy O2, the UK mobile operator. In South Korea, SK Telecom, the country’s largest mobile operator, has proposed proposals to the government for the acquisition of CJ HelloVision. Because the CJ HelloVision is the leading cable operators and leading mobile service provider, South Korea’s budget, the proposal of SK is strongly opposed by the other two mobile operators KT and LG U+, they believe that the provisions of this act in violation of the anti-monopoly law. "Mergers and acquisitions are an important way for digital ecosystem providers to adapt to changing industry patterns," GSMA said in the report. Mergers and acquisitions help companies integrate complementary technologies, scale economies, and integrate knowledge and other resources that are needed to speed up independent innovation." GSMA said the United States Telecommunications Enterprises Mergers and acquisitions activities must be accepted from the U.S. Federal Communications Commission (FCC) and the Department of Justice (DOJ) double review, and other digital industry mergers and acquisitions only by the Federal Trade Commission (FTC) or the Department of justice in an agency review. GSMA also said that the merger between telecom operators also needs to meet higher standards. It points out: "in the United States Department of justice and the Federal Trade Commission in accordance with the anti-monopoly law and put forward a lot of evidence in their review, show that the merger will greatly weaken the competition at the same time, operators must also demonstrate to the Federal Communications Commission, the merger will have a positive impact on the public interest." GSMA quoted the European Commission to illustrate the data over the past 25 years, the Committee in the evaluation of European Telecom mergers and acquisitions in the average time of 59 days, compared with the other in the information technology sector mergers and acquisitions audit for more than 42 days to 17 days. GSMA pointed out that although the digital department to review mergers and acquisitions for the longest time — an average of about 190 days, but the telecommunications company merger time has reached 436 days. GSMA said that the higher risk of longer review time would result in a strategic action of the merging company terminated for a year or more. GSMA said: "there are a lot of documents to prove the merger was repeated review will affect time delays and cost increases, many of them and trying to stop the growth of enterprise merger more rent-seeking behavior of strong competitors and competitor related." It pointed out that any new regulatory framework should have more advanced analytical tools for the purpose of"

GSMA:各国政府应取消对电信行业的并购限制   飞象网讯(编译 文慧)据国外媒体报道,全球电信运营商和手机制造商协会于周日发布报告,敦促各国政府取消对电信行业并购的限制性规定,认为这些规定延长了并购的审批程序,同时也阻碍其业务发展。   全球移动通信系统协会(GSMA)在一份报告中指出:“一般来说,通信运营商所需的并购审查程序比比其他数字生态系统中的企业所需的更多、更繁杂。”   该报告列举了欧盟委员会(EC)针对试图收购英国移动运营商O2的香港和记黄埔电信公司的审查。   在韩国,该国最大的移动运营商SK电信已经向政府提出收购CJ HelloVision的提案。由于CJ HelloVision是韩国的顶级有线电视运营商和领先的预算移动服务提供商,SK的这项提案遭到了其他两家移动运营商KT和LG U+的强烈反对,它们认为这一举动违反了反垄断法的规定。   GSMA在报告中表示:“并购是数字生态系统提供商适应不断变化的行业格局的一种重要方式。并购有助于公司融合互补技术、实现规模经济并将加快自主创新所需的知识和其他资源有效地整合在一起。”   GSMA表示,美国电信企业的并购活动都必须接受来自美国联邦通信委员会(FCC)和司法部(DOJ)的双重审查,而其他数字行业的并购只需通过联邦贸易委员会(FTC)或司法部中的一个机构的审查。   GSMA还表示,电信运营商之间的合并还需要满足更高的标准。   它指出:“在美国司法部和联邦贸易委员会根据反垄断法在他们的审查中提出一大堆证据,表明合并将会大大削弱竞争的同时,运营商还必须向联邦通信委员会证明,它们的并购将会对公众利益产生积极影响。”   GSMA援引欧盟委员会的数据加以说明,该委员会过去25年在评估欧洲的电信企业并购中平均用时59天,比用在其他信息技术部门并购审核中的42天多出17天。   GSMA指出,虽然数字化部门的并购案审查时间最长――平均约190天,但电信公司并购案的审查时间却达到436天。   GSMA称,审查时间延长所产生的更高风险会使合并企业的战略行动终止一年或更长时间。   GSMA表示:“有大量文件可以证明,对合并案进行重复性审查会造成时间拖延和成本增加的影响,其中有许多与试图阻止合并企业成长为更为强大竞争对手的行业竞争者的寻租行为有关。”   它指出,任何新的监管框架都应具备更加先进的分析工具,以便了解数字生态系统市场的固有特点。   GSMA认为:“现在,针对市场集中化的传统措施已经不能再有效预测合并的影响。数字生态系统合并的效率优势比传统行业更高。”   该协会还呼吁监管机构更为公平的应用标准和审查程序。   GSMA指出:“标准和流程的应用应始终如一,不存在歧视性,即便所涉及的内容和程序千变万化。通信服务提供商不应被“另眼相待”――不应遵从比其他数字生态系统企业更为严苛的标准或更为繁杂的程序。”相关的主题文章: