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.
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