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Bertelsmann Sees Sense in Mannesmann Link
Posted: 29-Jan-2000 [Source: Reuters]

[Today's issue of the Frankfurter Algemein reports possible cooperation between Bertelsmann and Mannesmann.]

Frankfurt -- "Internet cooperation between German media group Bertelsmann AG and telecoms giant Mannesmann AG is feasible and would make sense, a Bertelsman board member was quoted as saying on Saturday.

"``Such a cooperation makes sense,'' Klaus Eierhoff, Bertelsmann board member responsible for multimedia business told German daily Frankfurter Allgemeine Zeitung.

"``The mobile phone will become an important platform for electronic commerce next to the personal computer and television. Bertelsmann can offer interesting content for users of mobile phones,'' he added.

"On Friday, Mannesmann AG Chief Executive Klaus Esser said the German telecoms and engineering group, fighting to fend off Vodafone AirTouch Plc's record hostile bid, could take a stake in Internet service provider AOL Europe, a joint venture of Bertelsmann and America Online Inc.

``That would be a consideration,'' Esser said in a question and answer session on German television station NTV. ``One could imagine that.''


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