Printed from http://www.electronista.com

Orange, T-Mobile to team up on European networks

updated 05:45 pm EDT, Fri April 15, 2011

Orange, T-Mobile to save nearly $1b in Euro deal

Two major European telecommunications providers, T-Mobile's owner Deutsche Telekom and Orange's parent France Telecom, will share network gear in order to save on operating costs, sources told Reuters. The savings is expected to add up to 650 million euros (about $939 million) by 2015 with the shared hardware located in Poland, Austria, and Romania. While neither of the two providers have officially commented on this agreement, they are expected to do so at a joint press conference in London on Monday.

Unnamed sources said the project, dubbed Victory internally, will also include purchasing new network equipment and sharing the phone mix. How much money would be saved from this joint purchasing scheme isn't known.

The split in the known savings would break down to 200 million euros (nearly $289 million) of operating costs and 450 million euros (close to $650 million) between the deal's start and 2015.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News