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Deutsche Telekom buys Orange Netherlands for $1.8B

Deutsche Telekom has scooped up the fourth biggest carrier in the Netherlands, France Telecom’s Orange, for $1.89 billion. DT’s Netherland’s subsidiary, T-Mobile Netherlands, is the third largest carrier in that country. Together the two carriers will have 4.8 million Dutch customers. CEO Rene Obermann said the deal would create synergies of $1.4 billion. Half the savings will be achieved over the next six years, Obermann said.

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This entry was posted on Saturday, September 29th, 2007 at 8:26 am and is filed under General, Announcements, Major Carriers. You can follow any responses to this entry through the RSS feed. You can leave a response, or trackback from your own site.

One Response to “Deutsche Telekom buys Orange Netherlands for $1.8B”

1. Netherlands » Blog Archives » A bag finish on October 7th, 2007 at 8:55 am

   […] Deutsche Telekom buys Orange Netherlands for $1.8BDeutsche Telekom has scooped up the fourth biggest carrier in the Netherlands, France Telecom’s Orange, for $1.89 billion. DT’s Netherland’s subsidiary, T-Mobile Netherlands, is the third largest carrier in that country. … […]

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