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Digital Bridge Group inc. acquisition of passive infrastructure of Sýn hf. and Nova hf

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  • Case number: 32/2021
  • Date: 23/11/2021
  • Company:
    • Sýn hf.
    • Colony Capital inc.
    • ITP ehf.
    • Nova hf.
  • Sectors:
    • Telecommunications, IT and media
  • Policy Area:
    • Mergers
  • Summary

    The Competition Authority examined the acquisition of the American investment fund Colony Capital, today Digital Bridge Group, of certain tower sites for the mobile networks of operators Sýn and Nova. Following the investigation, the Authority concluded that there were no grounds to intervene in the merger based on the merger rules of the Competition Act.