Cross border telecoms consolidation rolls on

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.<br /><br />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.<br /><br />...<br />http://www.euronews.net/