If you're a European telecom company building a global business, why wouldn't you compete for mobile...
If you're a European telecom company building a global business, why wouldn't you compete for mobile phone permits in key markets? Deutsche Telekom decided last month not to bid for a French license, saying it doesn't have customers or a network in Europe's second-biggest country. The move followed decisions by the German company not to bid in Switzerland, one of the most profitable mobile phone markets, or in Italy, where mobile phones outnumber traditional phones. Meantime, British Telecom also opted out of the Italian auction. Maybe the big phone companies think they'll end up buying...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes