26 May 2006

Euro telco deals

Well, Deutsche Telekom this is getting very wild! But if they have 32 billion to spare, frankly it is a
snip. You get 20 bil revenue from year one. You get an NGN, great
skills etc and interconnect with the whole UK telecoms sector and access to UK-based multinational
companies.
Its only 8x what ebay paid for Skype with 0.05 revenue day one.
Remember when DTAG was going to pay 100 billion for Tel Italia!

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