Just as Cable & Wireless is seeking to pull out of its German joint venture, Vebacom, BT has further strengthened its reach into Germany by securing a new member to its German alliance.
Norwegian telecoms operator, Telenor will acquire a 10 per cent stake in BT?s joint venture with German conglomerate, Viag. BT and Viag each own 45 per cent of the alliance called Viag Interkom.
Earlier this week Viag and BT were awarded a licence to offer mobile services in Germany while Viag Interkom won permission to offer fixed services from 1 January 1998.
Alfred Mockett, managing director of BT global communications said: ?The combination of a fixed and mobile licence will allow Viag Interkom to be the first major telecoms company to exploit the convergence between the two services.?
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