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Wireless

O2 Germany CEO rules out merger with E-Plus

Tuesday 28 May 2013 | 11:14 CET | News
Telefonica Germany CEO Rene Schuster has ruled out a merger with rival German mobile network operator E-Plus in the near future, reports German newspaper 'Handelsblatt'. Schuster told the paper that Telefonica was gaining market share without a merger. He said that a merger was a very complicated process, with many failing to understand that they have to investment a lot before being able to make any savings. Schuster insisted that it was a German company, and would not be ordered to merge by parent Telefonica in Spain.

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Categories: Mobile & Wireless
Companies: E-Plus / Telefonica / Telefonica Germany
Countries: Germany
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