European Union regulators are considering easing merger rules for telecommunications companies and big technology firms, as reported by The Star and Reuters, aiming to facilitate the funding of network costs, including the rollout of 5G networks. This potential regulatory shift has sparked optimism among investors, leading to a rally in European telecom stocks, with notable mentions of Vodafone ($VOD), Telecom Italia ($TLIT), Orange ($ORAN), and Telefonica ($TEF). The CEO of Telecom Italia expressed support for the new approach by EU regulators.
Telecom Italia's CEO says he welcomes a possible new approach by European regulators that would favor mergers in the telecommunications industry to help fund the rollout of 5G networks https://t.co/uSC5qV4xKg
Ray-Ban sunglasses maker EssilorLuxottica CEO says he’s open to Italy buying a stake in the eyewear company https://t.co/4BKqQTdKK9
European telecom stocks rally on merger optimism - https://t.co/cAabR6ANaC via @Reuters $VOD $TLIT $ORAN $TEF
Brussels open to telecoms mergers to support investment https://t.co/ZPoHsXoKaR
EU mulls easing merger rules for telecoms, Big Tech to help pay network costs https://t.co/4vxlFxfuch https://t.co/ljRIdzVeU3
EU Regulators Mull Easing Merger Rules For Telcos And Big Tech To Help Pay Network Costs - The Star https://t.co/FlA7pNCMTI