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Technology Stocks : America On-Line (AOL)
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To: Midtown eBoy who wrote (27258)7/28/1999 1:07:00 PM
From: Cowboy  Read Replies (3) of 41369
 
LONDON (CNNfn) - Deutsche Telekom is looking at
acquiring three top telecommunications companies --
Qwest Communications, Sprint and the British
cellular provider One2One -- worth nearly $105 billion,
according to a press report Wednesday.
Citing a "high-ranking Telekom manager," the
German business daily Handelsblatt said talks with
the two U.S. companies are under way, although it
hasn't been decided which would be bought first.
The report also rekindled speculation Telekom is engaged in talks to buy a 10 percent stake in America
Online (AOL), saying the chief executive officers of
both companies have met several times in recent
weeks.
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