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Cross border telecoms consolidation rolls on

euronews (in English)

34 Views • Jul 23, 2013

Description

A big telecoms consolidation deal is moving forward. Dutch group KPN has confirmed it is selling its German mobile phone division, E-Plus, to Spain's Telefonica Deutschland, which operates as O2 there.

The price is 8.1 billion euros, made up of five billion euros in cash and a 17.6 percent stake in the merged company.

...
http://www.euronews.net/

Keywords & Tags

#Telecommunication #euronews #consolidation #Mobile Telephony #Cross #Germany #telecoms #border #rolls #Spain

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