Austria's leading telecommunications company is further expanding its enterprise division. With the acquisition of Alcatel-Lucent Voice Business, the classic telephony business of technology service provider NTT Ltd. In Austria, A1 completes its product portfolio for business customers. CMS is providing comprehensive legal support to A1 on this transaction, which is crucial for its continuing market expansion.
“We are delighted to be able to provide legal support for all aspects of this transaction, which represents a win-win situation for both parties," says lead partner Alexander Rakosi. “It will enable our client A1 to strengthen its own ICT business, while allowing NTT to fully concentrate on its core areas in the future".
The Alcatel-Lucent Voice Business has been and will continue to be available to customers of all sizes – from small businesses, hotels, government agencies and hospitals to large corporations – even after the A1 takeover. The transaction is subject to obtaining the necessary competition/regulatory approvals. A1 is planning to assume control of business operations in early 2021.
Led by CMS Partner Alexander Rakosi, the Corporate/M&A core team also includes Attorney-at-Law Mario Maier. CMS Partner Dieter Zandler, Associate Vanessa Horaceck, Raško Radovanović (Partner CMS Belgrade) and Anja Tasic (Attorney-at-Law CMS Belgrade) advise on competition and antitrust law in Austria, Serbia and Northern Macedonia. Jens Winter (Partner CMS Vienna) and Dominik Stella (Attorney-at-Law CMS Vienna) advise on labour law. Marco Selenic (Associate Corporate/M&A) assists on aspects of investment control procedures. Attorney-at-Law Marie-Christine Lidl as well as Associate Anna Hiegelsperger and Associate Thomas Liegl provided signing support.
A1 and NTT will continue to cooperate closely in the future. NTT in Austria is A1’s so-called First Partner for international business. NTT’s chief focus is now increasingly on technology solutions such as Intelligent Workplace, Intelligent Infrastructure and Security Services.