---- Original Message From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: 10/08 09:00:00 {http://bit.ly/17iupdb} Google Translation {http://bit.ly/1b63CF4} Original in german
German Telekom flirting heavily with orange
AT & T ante Portas, Telefónica and Vodafone on a shopping spree - to defend their supremacy in Europe, Telekom remains only the merger with the French.
For their summit, the chiefs of the largest European telecom companies have found a classy frame. In the restored ballroom of the Grand Hotel Steigenberger, one of the most distinguished addresses in the Brussels City, occur today 8 October, the CEOs of German Telekom , Telefonica and Orange (formerly France Telecom) together on stage before the members of the Association of European telecom provider (ethno). Officially, it seems the agenda before, want the designated telecom CEO Timothy Höttges debate the EU Reform recently submitted plans for a single European telecoms market, César Alierta of Telefónica and Orange Stéphane Richard Handler.
However, the official agenda on Tuesday interested only in passing. In truth, it comes to the restructuring of European corporate landscape in the industry. Because a prominent guest which gives a special flavor Elefantentreffen: Randall Stephenson, chairman of the powerful U.S. giant AT & T has announced his coming. "Live on Stage" will for the first time publicly declare before this distinguished audience why a leap across the Atlantic is suddenly at the top of its agenda and the strategic expansion goals he takes on targeted Stephenson. The performance is more than a courtesy visit. Specifically examined AT & T in Europe after takeover candidates. In the Madrid headquarters of Telefónica emissaries of Stephenson are already knocked out first and have informal discussions. The British mobile phone giant Vodafone , it peddle with the events on the market trusted investment banker, fits in the search grid of AT & T. Stephenson plans big in Europe. The Americans, with about 135 billion euros, almost three times as high as rated on the stock exchange, the German Telekom want a Big Deal lift and ascend with a blow to one of the largest telecom provider in Europe.The speculation inspire even the stock prices: almost all telecom stocks moved sharply in recent weeks. The telecom shares managed after years of infirmity even made about the magical ten-euro mark. It is about the supremacy in Europe. From the fragmented market with more than 100 predominantly nationally active in mobile and fixed network operators, a single European market with three or four strong players to be within a few years. Only then, the EU Commissioner Neelie Kroes is convinced that Europe can the large backlog at super fast internet and mobile networks catch up and create a counterweight to the dominance of American and Asian corporations.
Otherwise there is a sellout. Portugal Telecom slipped in the past week, even at the Brazilian Oi. Eat or be eaten - with the largest European telecom providers, the message has arrived from Brussels. "Everyone is currently talking to anyone," says a London-based investment banker who does not want to be named. "How jugglers keep all of their options in the air in order to pick out the most balls at the right moment can." As one can ascend to the strong counterpart of the giants in the U.S. and in Asia, is heavily discussed in the corporate headquarters. Whether Vodafone, German Telekom, Telefonica and Orange - all four major European provider launched in recent weeks, a "strategic review" of all its activities in Europe. In other words: Exact analyzes how to set up the future, where can be improved by an acquisition, the market position and the countries from which one withdraws better.