Orange's parent company France Telecom and T-Mobile's equivalent Deutsche Telekom on Monday confirmed their rumored joint venture. The deal will see the two combine their activities for buying phones, network hardware, and other parts core to their cellphone businesses. The two hoped both to get economies of scale and expected to save the equivalent of $1.86 billion over the course of the first three years....
Source: http://feeds.macnn.com/click.phdo?i=cd0ac02e4c7c90fa9e11fa03c1dafdcb
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