M&A activity in Europe
Posted on | August 6, 2005 |
Deutsche Telekom (T-Mobile) is expected to announce on Friday that it has agreed to buy Austrian mobile operator Telering for about $1.6billion.
Last week, France Telecom bought Spain’s third largest mobile operator Amena for $12 billion.
And Ireland’s Eircom acquired Meteor, a local mobile operator for $506 million.
Source: Business Standard
Category: International
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VeerChand Bothra
Entrepreneur, Mobile Marketer, Social Media enthusiast, Mobile Monday Mumbai founder
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November 26th, 2005 @ 11:11 pm
The acquisition will bolster T-Mobile’s base in Austria, making it the second-largest mobile company in the country of 8.2 million, and giving it nearly 3 million customers.
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