| BUSINESSWEEK ONLINE : OCTOBER 25, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- EUROPEAN BUSINESS
Deutsche Telekom: Under Siege at Home... -- Slow to cut prices last year following deregulation on Jan. 1, 1998, DT has lost more than 30% of its long-distance market to new competitors -- European Union regulators are pressuring DT to sell part of its mobile-phone network -- The German government is likely to start selling off its remaining 66% stake in tranches, beginning in mid-2000, making the company vulnerable to a hostile takeover ...And Stumbling Abroad -- DT lost merger partner Telecom Italia to a hostile takeover by Olivetti -- Its Global One alliance with Sprint and France Telecom is collapsing just as rivals such as MCI WorldCom are expanding -- It's paying hefty prices for small companies, such as $13.8 billion for One-2-One, Britain's fourth-largest mobile operator DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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RELATED ITEMS For Deutsche Telekom, Time Is Running Out (int'l edition) TABLE: Deutsche Telekom: Under Siege at Home...And Stumbling Abroad INTERACT E-Mail to Business Week Online | |||
