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The acquisition by Digital Bridge Group Inc. of the idle telecommunications infrastructure of Sýn hf. and Nova hf.

Analysis

The Competition Authority was reviewing the acquisition by the American investment fund Digital Bridge Group, formerly Colony Capital, of certain mobile phone network transmitter sites belonging to the telecommunications companies Síminn and Nova. Following the investigation, the Authority concluded that there were no grounds to intervene in the merger on the basis of the merger provisions of the Competition Act. 

Decisions
Case number

32 / 2021

Date
23 November 2021
Company

Colony Capital Inc.

ITP Ltd.

Nova Ltd.

Sýn hf.

Industries

Fixed network (core network and services)

Telecommunications, information technology and media

Subjects

Merger case

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