German carrier Mannesmann Arcor has acquired rival O.tel.o for $1.3 billion, giving it control of half the country's telecomms network.
O.tel.o was formerly jointly owned by German utilities RWE and Veba, but the purchase does not include the firm?s Internet unit, Germany.net.
Mannesmann Acor provides global voice and data services to companies based in Germany. It was set up by German railway company Deutsche Bahn and conglomerate Mannesmann.
To comment on this story, email [email protected]
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago