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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 14.71

+0.8%

3:59 PM EST

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To: MrGreenJeans who wrote (2162)	11/24/1999 10:11:00 AM
From: David Wiggins	Read Replies (3) of 3175

Mannesmann CEO Doesn't Rule Out `Friendly' Vodafone Solution 11/24/99 2:14:00 AM Source: Bloomberg News Dusseldorf, Nov. 24 (Bloomberg) -- Mannesmann AG's Chief Executive Klaus Esser said in an interview he doesn't rule out a ``friendly solution' between Germany's biggest mobile phone company and Vodafone AirTouch Plc if the U.K. company makes an offer that is ``acceptable' for Mannesmann's shareholders, the daily Rheinische Post reported. Vodafone would have to prove that a takeover would spur stronger value growth for Mannesmann than a continuation of the German company's telecommunications strategy, the report cited Esser as saying. Mannesmann combines traditional voice and mobile services while Vodafone, the world's largest provider of wireless phone services, focuses on wireless services. Quote Snapshot VOD 44.75 0.63 Enter symbol: ú Symbol Lookup More from CNET Investor Quotes delayed 20+ minutes Vodafone has made a $135 billion hostile bid for Mannesmann as it tries to gain a bigger slice of the European mobile phone market, which is expected to double to $102 billion in revenue by 2003

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