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Technology Stocks : Vodafone-Airtouch (NYSE: VOD) -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (2902)7/10/2000 8:48:52 AM
From: MrGreenJeans  Read Replies (1) | Respond to of 3175
 
Brilliant...

(COM) 10/07/00 10:00: Libertel reportedly outbid others due to Vodafone's ignorance about rules


Libertel reportedly outbid others due to Vodafone's ignorance about rules
AMSTERDAM (AFX) - Libertel NV, a Vodafone AirTouch Group PLC unit, outbid
the other parties in the first rounds of the Dutch auction of Universal Mobile
Telecommunications System licenses as its parent company was unfamiliar with
the auction rules, said NRC Handelsblad, citing sources close to the auction.
Vodafone AirTouch assumed that the Dutch auction would go along the same
lines as the UMTS auction in the UK earlier.
But with only six parties bidding for five licenses, there is less
uncertainty as to the outcome of the auction, the paper noted.
"We have our own strategy and our own thoughts," a Libertel spokesperson
told the paper.
The second highest bid comes from British Telecom unit Telfort, which bids
12.2 mln nfl for a high frequency licence.
be/cmr