To: P2V who wrote (3902 ) 6/26/2000 7:35:00 PM From: rr_burns Respond to of 16863
Mardy, I like that formula. It (or something very like it) works for North America. A possible 'next question' is who substitutes for Europe ( in place of T)? You also have to wonder about this possible connection:dailynews.yahoo.com It is fascinating, if the FCC regulators say "no", then the MCI SPRINT / ATT organization could get swallowed by european interests, very quickly. I am simply amazed that France telecom is in the running in that context - all this has big implications for Alcatel, and Telia in the USA with its dark fibre. I also find myself wishing i had paid more attention ot Deutsche Telekom AG these past 10 months or so. I pretty much dismissed them after I read that one must file hundreds of paper copies for each application to get wireless licenses in Germany( my thinking was "well they'll never get out of the woods"). That was in January or so when a company (notable in my memory is that it was headed by a woman - i'll post a link later) managed to drive their way through the process and got permits last year. ...rr the link is below... >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Sunday June 25 10:39 AM ET German Phone Carrier Seeks U.S. Firm-Report WASHINGTON (Reuters) - German phone giant Deutsche Telekom AG (DTEGn.DE) wants to enter the lucrative U.S. market via the purchase of a major U.S. firm and may try to buy Sprint Corp if its merger plans fail with WorldCom, the Washington Post reported on Saturday. Quoting a senior executive from the German national carrier, the Washington Post said Deutsche Telekom wanted to find an American enterprise with a substantial Internet transmission and telephone network. Company board member, Jeffrey Hedberg, told the Post Deutsche Telekom also aimed to buy into the fast-growing U.S. market for wireless communications. Hedberg declined to say whether Deutsche Telekom would make a bid for Sprint Corp (NYSE:FON - news) if its $120 billion merger fell through with WorldCom Inc (NasdaqNM:WCOM - news)., but the Post said he did nothing to dispel the impression that his company would be a natural buyer if Sprint went back on the market. ``Sprint would be interesting,'' Hedberg told the Post. ''It's well managed. It's a good company ... They have the capabilities to provide services to multinational customers,'' he added. The U.S. long-distance telephone companies were in intense negotiations on Friday with U.S. regulators over a proposal to sell Sprint's Internet and long-distance telephone businesses and brand names as a condition for merger approval. Regulators fear the combination of the U.S. long-distance telephone companies would trample competition in the long-distance, Internet and corporate communications markets. The European Commission is due to rule on July 5 on whether the merger can go through in its present form. If regulators block the deal, analysts expect the companies to become prime takeover targets for large foreign carriers, such as Deutsche Telekom AG (DT) and France Telecom. With a capitalization of some $200 billion, the Post said that Hedberg ``boasted'' Deutsche Telekom could snap up any of the largest carriers, from AT&T Corp (NYSE:T - news) to SBC Communications Inc., BellSouth Corp (NYSE:BLS - news). and WorldCom. Hedberg stressed a joint venture would not, under any circumstances, be considered as a means of crafting an offering for multinationals. Deutsche Telekom wanted full control of whatever course it pursued, the Post said. ``We've learned,: he said. ``Loose alliances do not work.''