T-Mobile owner ditches O2 bid

The owner of T-Mobile today said it had no current plans to bid for UK rival O2 after failing to seal a takeover alliance.

T-Mobile owner ditches O2 bid
Tue, 16 Aug, 2005 - 08:50

The owner of T-Mobile today said it had no current plans to bid for UK rival O2 after failing to seal a takeover alliance.

German firm Deutsche Telekom confirmed that it had held talks with Dutch telecoms group KPN about tabling an offer – thought to be worth around £14bn (€20.5bn).

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