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General

Deutsche Telekom confirms bid for Orange Netherlands

Thursday 7 June 2007 | 08:46 CET | News
Deutsche Telekom has made an offer to acquire Orange Netherlands, according to a spokesperson cited in the German press. The offer was approved by Deutsche Telekom's supervisory board and is under review at Orange's parent France Telecom and the works council of Orange Netherlands. The value of the offer is rumoured to be EUR 1.3 billion. Orange Netherlands is the fourth largest mobile operator in the Netherlands with 2.1 million subscribers and the sixth largest broadband ISP with 474,000 broadband subscribers. With the acquisition T-Mobile Netherlands, currently the third largest Dutch

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Categories: General
Companies: France Telecom / ikanos / Orange Netherlands / T-Mobile Netherlands
Countries: Netherlands
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