Frankfurt, Oct. 9 (Bloomberg) -- Deutsche Telekom AG, Europe's biggest phone company, is considering the sale of its stake in Global One to France Telecom SA, one of the other partners in the international phone alliance, weekly magazine Focus reported, citing Chief Executive Ron Sommer. ``If the French offer a good price, then they can have all of Global One,' Sommer told the magazine in an article that will appear in Monday's edition. The end of the alliance, which also includes Sprint Corp. of the U.S., won't be a setback for Deutsche Telekom as ``our business isn't really very dependent on this project,' Sommer told the magazine.
The future of the three-year-old alliance, which offers voice and data services to multinational businesses, was in question even before MCI WorldCom Inc. bid for Sprint as the relationship between Deutsche Telekom and France Telecom cooled after the German company sought a link with Telecom Italia SpA. |