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Fixed

Telefonica O2 eyes Hansenet, United Internet - report

Monday 16 March 2009 | 08:49 CET | News
Telefonica O2 Germany is interested in acquiring Telecom Italia's German subsidiary Hansenet, according to German newspaper Frankfurter Allgemeine Zeitung citing company sources. The companies are in negotiations, but could not yet reach an agreement on the price for the 2.3 million DSL and fixed telephony customers. A Telecom Italia spokesperson said that talks with multiple parties for Hansenet are ongoing, but would provide any details. At the same time, Telefonica would be interested in Germany-based ISP United Internet, according to multiple sources, but United Internet CEO Ralph Dommermuth is against a sale. By acquiring one of the two operators, Telefonica O2 Germany would become the third largest full service telecommunications operator in Germany behind Deutsche Telekom and Vodafone. The operator currently has only 200,000 DSL customers, a wholesale DSL network which is operated by Telefonica Deutschland and 14.2 million mobile customers. With the acquisition of Hansenet, the DSL/fixed telephony base would grow by 2.3 million and with the acquisition of United Internet, 2.91 million DSL customers would be added as well.

Categories: Fixed
Companies: HanseNet / Telecom Italia / Telefonica Deutschland / Telefonica O2 Germany / United Internet
Countries: Germany
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