Orange, MasMovil select Digi to acquire assets they plan to divest, Reuters says

Orange and MasMovil has selected Romania’s Digi to purchase assets they intend to divest to assuage EU antitrust concerns over their Spanish tie-up, Reuters’ Foo Yun Chee reports, citing people with direct knowledge of the matter. The agreement is seen as an important test case of whether EU regulators will relax their stringent approach towards deals that shrink the number of mobile players in a country from four to three, the author notes.