In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful.
The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size is no measure of a company’s success.
But that is precisely the explicit view of Ron Sommer, who attempted to exercise in a speech on the occasion of the planned merger with Telecom Italia, with the following words, pressure on the regulators: “If we unite here in Europe, our forces, then the site of Europe in the face the increasing concentration processes around the globe take sustained damage, “Sommer said. “Size does matter”, and he added: “He who closes his eyes and before that in Europe does not act immediately, will compete tomorrow for the mistakes of the past, atone.” The merger with the former Italian monopoly finally came not materialize.
Bonfield explained further in the interview, his opinion would obviously not everyone shares. At present, he could not rule out that the American phone giant AT & T was planning a hostile takeover of his company.
British Telecom is the fourth largest European telecommunications company.
Contact: German Telekom, Phone: 0800-3300700
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
In an interview with the “Manager Magazin” disagreed with the head of British Telecom, Peter Bonfield, his German colleague, Ron Sommer, the head of Deutsche Telekom. Bonfield said mergers in the telecommunications industry are no longer useful. The telecom market has now reached a point at which appeared only a few acquisitions make sense. Size [...]
