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09-08-2009, 11:26 AM
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Originally Posted by larrygump  holy smokes......thats some news | Holy smokes indeed. Stocks are up in Europe for both Deutsche Telekom (parent of T-Mobile) and France Telecom (parent of Orange) which says that the market likes the idea of this consolidation. The UK cell market is completely cut throat so this consolidation will ease some of that. But this becomes very interesting on two fronts ...
1.) Vodafone is the British national mobile telecom (also majority owner of Verizon Wireless) and they now drop into 3rd place behind the new Orange/T-Mobile Company, and #2 ranked O2. Vodafone is huge especially when you consider their Verizon holdings and for them to drop to 3rd place in their own home market is not going to sit well with their board of directors.
2.) It seems once these mergers start, they can take on a life of their own. I've never believed any of it but there have been rumors for years that Deutsche Telekom has long considered buying Sprint's USA operations. Always have been a doubter that there was anything to these rumors (the two companies have incompatible networks) but now the idea maybe becomes no longer so far fetched.
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