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General

DeTe, FT-Orange to form 50/50 procurement JV

Monday 18 April 2011 | 08:51 CET | News
Deutsche Telekom and France Telecom-Orange have signed a preliminary agreement to form a 50/50 joint venture in the fourth quarter to combine their customer equipment, network equipment, service platforms and IT infrastructure procurement. Initially, there will be four pilot projects in the IT infrastructure area. The operators anticipate that they will be able to make EUR 1.3 billion in combined savings on an annual run-rate after the third year, thanks to technology harmonisation and economies and scale. This is the next chapter in a partnership Deutsche Telecom and France Telecom-Orange

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Categories: General
Companies: Deutsche Telekom / France Telecom / Orange
Countries: Europe / France / Germany
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