Venture creates new carrier in Italy
Deutsche Telekom and France Telecom last week joined Enel, the Italian electric company, to create an alternative carrier aiming to bid for the third mobile license and apply for national voice telephony licenses in Italy.
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The German and French PTTs own equal stakes in the company, totaling 49%, while Enel holds 51%. Sprint, the international partner of Deutsche Telekom and France Telecom in Global One, will have the chance to participate in the venture at a later date.
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