(Reuters) - The deal propels France Telecom's mobile subsidiary Orange to the No. 2
spot on the Spanish broadband market with more than 1 million ADSL subscribers
and an 18 percent market share, the statement said.
Deutsche Telekom put Ya.com up for sale in March, along with other assets
it considered noncore, as part of a strategy to revive the flagship German
company that has seen rising competition and high staff costs send profits
tumbling.
Read more at Reuters.com Mergers News
spot on the Spanish broadband market with more than 1 million ADSL subscribers
and an 18 percent market share, the statement said.
Deutsche Telekom put Ya.com up for sale in March, along with other assets
it considered noncore, as part of a strategy to revive the flagship German
company that has seen rising competition and high staff costs send profits
tumbling.
Read more at Reuters.com Mergers News
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