The Portuguese Competition Authority opens an in-depth investigation into the merger of two telecoms (Vodafone / Nowo)

AdC opens in-depth investigation into acquisition of Nowo by Vodafone* The Portuguese Competition Authority (AdC) has decided to open an in-depth investigation into the merger involving the acquisition by Vodafone Portugal, S.A. (Vodafone) of sole control over Cabonitel, S.A., whose only relevant asset for the present purposes is Nowo Communications, S.A. (Nowo). The AdC decided to initiate this in-depth investigation as it considers that, in view of the evidence gathered so far, it cannot be excluded that this merger will result in significant impediments to effective competition in the domestic market or in a