German, French Cos. Make Italy Deal
Nov. 25, 1997
BONN, Germany (AP) _ Deutsche Telekom and France Telecom will set up a joint venture in Italy with the Italian state utility Enel, Deutsche Telekom said Tuesday.
The new company will offer telephone, data and mobile telephone services for private and business clients in Italy.
The German, French and Italian companies will apply for telephone licenses in the fixed telephone network, Telekom said. Their application for Italy's third cellular phone license is already pending.