Deutsche Telekom, France Telecom intensify their cooperation

Monday 14 November 2011 | 16:02 CET | Author: Tim Poulus | Market Commentary
Everything Everywhere, the UK joint venture of Deutsche Telekom and France Telecom, is working on a partial refinancing of its shareholder loans to the 50-50 parent companies, the Financial Times reports. The total outstanding loans of GBP 875 million would be reduced by about GBP 400 million. In addition, it may look to raise GBP 800 million in external financing next year.

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This article is an opinion of Telecompaper.

Categories: Mobile & Wireless
Companies: 3 UK / Deutsche Telekom / Everything Everywhere / Everything Everywhere (Orange UK ) / France Telecom / O2 UK / T-Mobile UK / Virgin Mobile / Vodafone UK
Countries: United Kingdom
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