Orange, T-Mobile successfully complete UK merger

News Wireless United Kingdom 1 APR 2010
Orange, T-Mobile successfully complete UK merger
Deutsche Telekom and France Telecom have confirmed the successful completion of the merger of Orange and T-Mobile in the UK and the formation of the new JV. Former Orange UK CEO Tom Alexander is CEO of the new JV, and former T-Mobile UK CEO Richard Moat becomes CFO and deputy CEO. A board of directors has also been formed, on which Alexander and Moat will serve as executive directors. Tim Hoettges, CFO of Deutsche Telekom, will lead the board as non-executive chairman for two years. After this time, the leadership will rotate to Gervais Pellissier, deputy CEO and CFO of France Telecom, for two years. Other non-executive directors on the Board are Philipp Humm, chief regional officer Europe for Deutsche Telekom and Olaf Swantee, executive VP Europe at France Telecom.

Categories:

Mobile

Companies:

Everything Everywhere (Orange UK ),  ikanos,  France Telecom,  T-Mobile UK

Countries:

United Kingdom

Tags:

Voice services, Data services, Messaging, Company, Services, Corporate, Internet Access, M&A buyouts & divestments, Officers & directors

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