As one European MNO merger plan fails, another hangs in the balance. CK Hutchison is making more concessions in a last-ditch attempt to win European Commission approval for its acquisition of Telefonica’s O2 UK arm, while in France, Orange and Bouygues have reverted to Plan A after they failed to agree terms for a marriage. According to UK media reports, 3UK parent Hutchison has agreed deals with the Sky and Virgin Media – the main UK triple play competitors to BT – to take capacity on a merged O2/3UK network. Sky is said to have agreed a £2bn arrangement which would give it access to 20% of the merged network’s capacity for 10 years, provided the acquisition, which is under…