Article Abstract:
German Internet service provider T-Online International AG's new chief executive officer Thomas Holtrop has unveiled plans to make the company profitable. Holtrop forecast improved earnings for T-Online International's online search services.
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Article Abstract:
Arcor AG is considering the possibility of making acquisitions during the 2001 year in order to wage competition with Deutsche Telekom. Arcor wants to expand its basic telephone services and broadband Internet offerings in local German networks.
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Article Abstract:
Siemens AG is planning to announce as much as $600 million worth of data firm acquisitions in the US. Siemens is also planning to launch a new company. The plans are the initial phase of Siemens's long-term efforts to become a major Internet technology supplier. However, Siemens is not engaged in talks with 3Com Corp. about purchasing any part of it. The New York Times had reported that both firms were engaged in exploratory discussions.
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Planning to announce as much as $600 million worth of data firm acquisitions in the US
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