The European telcos have been busy filling headlines over the weekend.
Deutsche Telekom denied press reports that it is planning to spin off its cable network into a new company called T-Media-Net. According to a report in German paper 'Der Spiegel', the unit would answer the EC?s concerns over Telekom having a monopoly in both television cable and telephone networks.
Meanwhile, France Telecom is expected to take a 20 per cent stake in a consortium seeking to operate Portugal?s third mobile phone licence.
At the Unisource telecomms alliance, Tony Reis, chief operating officer at Swiss Telecom PTT, has been appointed chairman of the Unisource board. He replaces Ben Verwaayen who is now executive vice president at Lucent Technologies. Joop Drechsel, executive vice president of PTT Telecom Netherlands has also been appointed to the Unisource board. A third new member is Jim Pagos, currently vice president international strategy and alliances at AT&T.
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