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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared "Dead" man wakes up under autopsy knife 17 Sep 2007 Older white women join Kenya's sex tourists 26 Nov 2007 Japan teens skipping breakfast have sex younger 26 Dec 2008 Venice flooded by highest water levels in 22 years 01 Dec 2008 Charlie Sheen tops list of high-paid TV stars 04 Aug 2008 "Dead" man wakes up under autopsy knife 17 Sep 2007 Older white women join Kenya's sex tourists 26 Nov 2007 Man jailed for eating rare tiger 22 Dec 2009 Oklahoma firm recalling beef products in six states 26 Dec 2009 Five die in Tehran pro-reform protests | Video 27 Dec 2009 Pictures Pictures of the year: Technology A look at the year's best science and technology photos. Slideshow Swiss watchdog to examine Orange/Sunrise deal ZURICH Mon Dec 28, 2009 9:11am EST Related News D.Telekom sees more alliances in new strategy-CEO Sun, Dec 27 2009 CORRECTED - UPDATE 3-Canada opens mobile market to Globalive Fri, Dec 11 2009 Stocks ZURICH (Reuters) - Switzerland's competition watchdog will examine closely the planned merger between France Telecom's (FTE.PA) Orange and Danish-owned Sunrise to ensure the grouping does not dominate the Swiss mobile market. Deals | France Along with Swisscom (SCMN.VX), Sunrise and Orange are the main players in Switzerland's mobile phone market. The planned merger, with a market share of 40 percent, would reduce the number of competitors to two from three, the watchdog, ComCo, said on Monday. "There are signs the planned merger could lead to or increase a market dominant position in various areas of mobile telecommunications," ComCo said, adding that it would conclude its examination within four months. France Telecom announced in late November it would pay 1.5 billion euros ($2.15 billion) for a 75 percent stake in a new company with the assets and clients of Sunrise, owned by Denmark's TDC (TDC.CO), and Orange. The deal, which is expected to close in May 2010, comes as European telecom operators are seeking ways to cut costs and improve profitability in mature markets with few growth prospects. One solution for telecom groups is to buy out rivals to reduce competition in markets. TDC is 88-percent owned by private equity firms Apax Partners, the Blackstone Group (BX.N), Kohlberg Kravis Roberts (KKR) KKR.UL, Permira Advisers PERM.UL and Providence Equity. Shares in France Telecom were little changed by the announcement and were up 1.3 percent at 1020 GMT (5:20 a.m. EST), outperforming the European Dow Jones Telecommunications index .SXKP. Those in rival Swisscom were up 0.5 percent. (Reporting by Sven Egenter and Catherine Bosley, editing by Anthony Barker) Deals France Add a Comment More from Reuters New security restrictions could hurt airlines NEW YORK (Reuters) - Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say. | Video Wall Street edges up; focus on year-end | Video Airline shares weaker amid renewed terror concerns Amazon shares up after Kindle boosts e-book sales Oil tops $79, highest since Nov, on cold snap Bomb at Shi'ite procession in Pakistan kills 25 » More Top News The next al Qaeda hub? The attempted Christmas Day bombing of an American airliner has put another region in the spotlight as a breeding ground for terrorism. Full Article Yemen arrests 29 al Qaeda suspects Commentary: Profiling passengers WORLD Violence erupts in Iran Police fired teargas at anti-government protesters in Tehran a day after some of the hardest clashes seen since a disputed election in June. Full Article | Video W. House condemns "unjust" actions Timeline: Unrest in Iran IRAN © Copyright 2009 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal ECVJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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