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UK's T-Mobile and 3 UK Form JV To Share Networks; 'No Merger Talks' Open link in new window
submitted 217 days ago by mocoNews
Deutsche Telekom's (NYSE: DT) T-Mobile and Hutchison Whampoa's 3 UK have agreed to combine their 3G access networks in the UK to extend their coverage and cut investment costs, the two announced today. They have created a 50-50 joint venture to manage the shared access network, which they say will save the two firms an estimated joint savings of £2 billion over 10 years. The deal allows the compa
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