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Telecom Companies Sign Mobile Deal
Posted: 12-Jun-2001 [Source: AP]

[Deutsche Telekom and British Telecom agreed today to share UMTS infrastructures.]

Frankfurt, Germany -- "Deutsche Telekom and British Telecommunications PLC (NYSE:BTY - news) have agreed to cooperate on building next-generation mobile phone networks in Germany and Britain, BT's German subsidiary said Tuesday.

"Under the preliminary agreement, the two telecom giants will share base stations, masts and antennae in an attempt to trim the cost of rolling out the service by between 20 percent and 30 percent, Viag Interkom said.

"In Germany, the sharing will take place between Deutsche Telekom's T-Mobile division and Viag Interkom. Deutsche Telekom's One2One unit will cooperate with BT Wireless in Britain.

"The announcement comes one week after German regulators said they would allow greater cooperation in building expensive next-generation networks. British authorities already had ruled in favor of such sharing.


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