C 260/6
EN
Official Journal of the European Union
24.7.2023
V (Announcements)
PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY
EUROPEAN COMMISSION Prior notification of a concentration (Case M.11144 – COLT TECHNOLOGY SERVICES GROUP / LUMEN EMEA BUSINESS) Candidate case for simplified procedure (Text with EEA relevance)
(2023/C 260/05)
1.
On 17 July 2023, the Commission received notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings: — Colt Technology Services Group Limited (United Kingdom), controlled by Colt Group Holdings Limited (‘Colt’, United Kingdom), ultimately controlled by Star Horizon Management LLC (United States), and — Camelot Landing, LLC (United States), CenturyLink Europe B.V (Netherlands), Lumen Technologies Austria GmbH (Austria), Lumen Technologies Belgium SA (Belgium), Lumen Technologies Denmark ApS (Denmark), Lumen Technologies EMEA Holdings Limited (United Kingdom) and their respective subsidiaries as well as certain US and trans-Atlantic subsea assets of Lumen, together the ‘Target’ or ‘Target Entities’, all belonging to the Lumen group ultimately controlled by Lumen Technologies, Inc. (United States).
Colt will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of the Target.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are the following:
— Colt is a multinational telecommunications company providing network services for network intensive sectors and voice services that support the transition from traditional to next-generation voice services in Europe, the US, India and Asia. — The Target Entities provide telecommunications infrastructure (fibre optic infrastructure and colocation services) and enterprise services across Europe, the Middle East and Africa.
The Target comprises substantially all of Lumen’s business and assets in EMEA.
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation.
However, the final decision on this point is reserved.
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).