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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (6430)	2/17/2000 7:54:00 AM
From: MikeM54321	Respond to of 12823

"But that tax hurdle is going to be hard to overcome. Maybe since German regulators are so eager for the deals to go through, they may make an exception and grant them early favored tax status. That would be nice." Jochen and Thread- Well too bad. Just the opposite has happened. Not good for Deutsche Telekom selling off cable plant assets and not good for Last Mile competition in Germany. So Telekom may get an extra year before they have to compete in the Last Mile space. If so, hopefully they don't sit on the lead, but still go full speed on DSL upgrades. But if DT is like US carriers, there isn't much hope for that. Seems like the only thing that makes monopoly carriers move, is losing customers. -MikeM(From Florida) ************************ Germany Says Tax on Asset Sales Won't Be Dropped Before 2002** Berlin, Feb. 17 -- The German government said a plan to scrap taxes on corporate asset sales will take effect a year later than planned, sending shares in Allianz AG and other companies with industrial stakes down as much as 6.4 percent. According to the latest draft of the new law, most companies will only be able to sell their industrial holdings tax-free in 2002 instead of 2001, Finance Ministry spokesman Joerg Mueller said..... bloomberg.com

To: MikeM54321 who wrote (6430)	2/21/2000 5:24:00 PM
From: MikeM54321	Read Replies (2) \| Respond to of 12823

Re: European MSOs- Telekom's Cable Plant Sale to Callahan Thread- Looks like things will be moving quickly now in the European cableco vs. telco war. I hope this deal goes through because it may mean real competition for Telekom's copper network. Very similar to AT&T's spending $102 billion for cable plants to compete with RBOCs copper plant. Here's a link to a six month old post about Callahan's interest in Telekom's cable plant. Hope the guy is for real and not just buying to sell at a inflated profit: Message 11048027 If he's buying European cable properties, to sit on while the price goes up, that's not good. I wouldn't be surprised if Telekom was out looking for a buyer of this type to delay the HFC upgrades. HFC upgrades that would end up competing with Telekom's remaining twisted copper pair network. I would have felt much better if Bill Gates or Paul Allen did the purchase. -MikeM(From Florida) *************************** Telekom Close to Agreement With Callahan on Cable** Telekom Close to Agreement With Callahan on Cable, Person Says Bonn, Feb. 21 (Bloomberg) -- A group led by Callahan Associates, a U.S. investment company, is close to an agreement to buy 55 percent of a cable unit from Deutsche Telekom AG, the largest telecommunications company in Germany, a person familiar with the matter said. The companies aim to sign the agreement covering the cable operations in the German state of North-Rhine Westphalia, the nation's most populated state, the person said. The former German monopoly is selling stakes of just over 50 percent in the units to satisfy European Commission competition concern and has said it's in exclusive talks to sell six of the cable divisions. Deutsche Telekom will hold press conferences tomorrow at 11:00 a.m. and 1 p.m. The company said last week it's talking exclusively with groups led by Deutsche Bank AG investment unit DB Investor about stakes in its Bavarian and Bremen-Lower Saxony divisions as well as the unit covering Hamburg, Schleswig-Holstein and the unit in Mecklenburg-Western Pomerania. It is also in talks to sell the activities in Hesse to the U.K.'s Klesch, and Rheinland Palatinate and Saarland to the United Pan-Europe Communications NV. Callahan is also bidding to acquire other regional cable units from Deutsche Telekom.