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To: Ed Forrest who wrote (65922)2/3/2000 4:02:00 AM
From: DOUG H  Read Replies (2) | Respond to of 152472
 
1.VOD merges with Mannessman,
2.upgrades european network to CDMA to provide transcontinental interoperability
3.Dr J nominated for president



To: Ed Forrest who wrote (65922)2/3/2000 4:05:00 AM
From: DOUG H  Respond to of 152472
 
To: steven malsin (6114 )
From: Ruffian Thursday, Feb 3 2000 1:22AM ET
Reply # of 6152

Vodafone, Mannesmann CEOs Held Talks on
Combination, Vodafone's Gent Says
By Heather Harris

Vodafone, Mannesmann CEOs Held Talks on Combination, Gent Says

Dusseldorf, Germany, Feb. 3 (Bloomberg) -- Vodafone AirTouch
Plc, the world's biggest mobile operator, and Mannesmann AG have
resumed talks on a combination, though haven't agreed on the
exchange ratio, Vodafone Chief Executive Chris Gent said.
''There have been talks,'' Gent told German television N-TV
from Dusseldorf, home of Mannesmann's headquarters, after a
meeting with Mannesmann CEO Klaus Esser. ''But I can't really
comment on them.''

Gent's appearance in Dusseldorf last night comes as
Mannesmann's supervisory board gathers there today to discuss
Vodafone's $185 billion offer for Germany's biggest cellular
company. Mannesmann's head of telecommunications, said yesterday
the two sides have moved ''closer'' together on price, though
remain at odds of the future strategy.

Lars Berg, a Mannesmann management board member, told
reporters yesterday the German company is seeking a stake in the
combined entity of 52 percent. Gent told the N-TV television
station he considers a 50-50 merger with Mannesmann ''perhaps not
appropriate.''

Gent said it was a ''coincidence'' that he was staying in the
same hotel as German Chancellor Gerhard Schroeder last night and
that he hadn't met with Schroeder to discuss his plans to tie up
with Mannesmann.