9 October 2002
The FCA has decided to commence further proceedings in a concentration, as a result of which Telekolmio Oy (Telekolmio) would become a joint venture of Sonera Oyj (Sonera) and Hämeen Puhelin Oy (HPO).
Telekolmio is a subsidiary wholly owned by HPO, which specialises in the retailing of the telecom, IT and security services offered by HPO to the corporate customers within the Hämeenlinna region.
Through the concentration, Sonera would integrate into the retailing operations of telecom services and data communications products in Hämeenlinna and its near regions.
During the Stage II proceedings, the FCA shall investigate, whether the concentration shall lead to a creation or strengthening of a dominant position, which significantly impedes competition in the Finnish market. During the further proceedings, the FCA may accept the concentration as such, impose conditions on its implementation or propose that the Market Court prohibit the transaction. The Stage two proceedings shall last a maximum of three months.
Director Juhani Jokinen,
Senior Research Officer Antti Ihamäki.