Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 10.12.2020  
C(2020 ) 9155 final  
PUBLIC VERSION  
To the notifying parties  
Subject : Case M.10046 - DEUTSCHE TELEKOM / SK TELECOM / JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
 
Dear Sir or Madam,  
On 18 November 2020 , the European Commission received notification of a proposed 
concentration pursuant to Article  4 of the Merger  Regulation by which Deutsche Telekom 
AG, (“DT”, Germany)  and SK Telecom Co., Ltd. (“SKT”, South Korea),  acquire within the 
meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly 
created company constituting a joint venture (the “JV”)  by way of purchase of shares .3 
 
1. The business activities of the undertakings concerned are:  
 for DT: telecommunications company as well as a provider of information and 
communication technology (“ICT”), offering fixed -network/ broadband, mobile 
communications, internet, IPTV products, services and solutions for consumers 
and business customers,  
 
 for SKT : a telecommunication  company, active in ICT and in the  development of 
5G communication and technology. SKT is ultimately controlled by SK Holdings 
Co., Ltd., the parent of a family of bu sinesses which have a wide range of 
activities, including in chemicals, construction, energy, engineering, semi -
conductors, telecommunications and trading ("SK Group") , 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 403,26.11.2020 , p.13. 

2  for the JV: it  will be dedicated to the development of radio frequency re peater 
technol ogy and the licensing of resulting intellectual property rights  to third 
parties.  
2. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
3. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agre ement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .