| BUSINESSWEEK ONLINE : MAY 3, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- EUROPEAN COVER STORY
Its Strengths... MARKET SHARE No. 1 worldwide in mobile telecommunications, No. 2 in fixed-line phones. BUYING CLOUT Combined company would have huge borrowing power for new acquisitions. STAYING POWER A postmerger giant would enjoy big economies of scale in buying equipment. ...And Its Weaknesses POLITICS The merged company needs to lay off at least 50,000 workers: Unions and governments will fight back. UPSTARTS May lose market share to fast-moving startup cell-phone and Internet networks. MANAGEMENT FRICTION DT will try to assert control; Telecom Italia insiders will probably fight back. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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 Telecom's New Giant (int'l edition) EUROPEAN COVER IMAGE: When Giants Dance TABLE: Snapshot of a Behemoth TABLE: Its Strengths...And Its Weaknesses The Upstart Furiously Building Bandwidth (int'l edition) INTERACT E-Mail to Business Week Online | |||
