Deutsche Telekom doubts value of France Telecom merger

Wednesday 13 June 2012 | 10:21 CET | News
Deutsche Telekom sees problems in a possible merger with France Telecom, Bloomberg reported. According to the German company, merging the two networks would create little value and the larger network would be difficult to manage. Niek Jan van Damme, Telekom board member responsible for the German business, said that he wasn't sure if there would be many advantages for both sides. France's industry minister Arnaud Montebourg earlier suggested that a network merger of the two carriers could create a strong European player.

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