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]
HP and Centrica are the first industry partners to sign up to the government's new Code
New ice grows faster but is also more vulnerable to weather and wind
With a crackdown on cheats is coming in November, PUBG rushes to fix matchmaking problems introduced in Update #22
New material uses carbon dioxide from the air to repair and reinforce itself