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    Cross border telecoms consolidation rolls on

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    euronews (in English)

    by euronews (in English)

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    A big telecoms consolidation deal is moving forward. Dutch group KPN has confirmed it is selling its German mobile phone division, E-Plus, to Spain's Telefonica Deutschland, which operates as O2 there.

    The price is 8.1 billion euros, made up of five billion euros in cash and a 17.6 percent stake in the merged company.

    ...
    http://www.euronews.net/