Bloomberg News

French Industry Minister Favors German Telecom Merger, JDD Says

June 10, 2012

France’s new Industry Minister, Arnaud Montebourg said he wanted France Telecom SA to merge with Deutsche Telekom AG to create a group modeled after European Aeronautics Defense & Space Co., Journal du Dimanche reported.

Montebourg discussed the idea at a June 4 meeting with France Telecom Chief Executive Stephane Richard, the newspaper reported, without saying where it got the information. Such a tie-up could take place in a few years, the paper said.

To contact the reporter on this story: Carol Matlack in Paris on at cmatlack@bloomberg.net


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