EUROPEAN COMMISSION DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 09/08/2023

In electronic form on the EUR-Lex website under document number 32023M11144

EUROPEAN COMMISSION

Brussels, 9.8.2023 C(2023) 5539 final

PUBLIC VERSION

Colt Technology Services Group Limited Colt House, 20 Great Eastern Street, EC2A 3EH, London United Kingdom

Dear Sir or Madam,

1.1. On 17 July 2023, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, and following a referral pursuant to Article 4(5) of the Merger Regulation, by which the undertaking Colt Technology Services Group Limited (“Colt” United Kingdom), will acquire within the meaning of Article 3(1)(b) sole control over the whole of the undertakings 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 (together the “Target Entities”) as well as certain US and trans-Atlantic subsea assets of Lumen Technologies, Inc. (United States) (these assets together with the Target Entities, the “Target”), by way of purchase of shares.

2. The business activities of the undertakings concerned are the following:

—— Colt is part of a group of companies controlled by Colt Group Holdings Limited (United Kingdom), which 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.

1OJ 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.

2OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).

3Publication in the Official Journal of the European Union No C 260, 24.7.2023, p. 6.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

—— 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 Technologies, Inc.’s business and assets in EMEA.

3.3. 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(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

4.4. 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 Agreement.

For the Commission

(Signed) Olivier GUERSENT Director-General

4OJ C 366, 14.12.2013, p. 5.

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