France Telecom seeks to buy 20% of MobilCom

Article Abstract:

Obtaining German cellular services operation license is one of the goals that France Telecom pursues in its 4 billion Euros bid to acquire MobilCom AG. MobilCom has more than three million fixed-line users and two million cellular customers and, which gives France Telecom a solid foothold in the German telecom market, which is the biggest in Europe.

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France Telecom Confirms Deal to Acquire Orange

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France Telecom SA confirmed it will acquire Orange PLC of Britain from Vodafone AirTouch PLC for 40.42 billion Euros.

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Deutsche Telekom lands Siris

Article Abstract:

Deutsche Telekom is gaining a significant foothold in the French telecommunications market with its acquisition of Siris. But France Telecom is adding to the rivalry by purchasing a major share of E-Plus, the third largest wireless operator in Germany.

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