Financial Times FT.com

Franco-German JV plan for UK mobile arms

By Andrew Parker in London and Gerrit Wiesmann in Frankfurt

Published: September 7 2009 17:39 | Last updated: September 7 2009 22:20

Deutsche Telekom is close to finalising a deal with France Telecom to form a joint venture out of their UK mobile businesses and seize the top position in the competitive British market.

An agreement involving France Telecom’s Orange UK and Deutsche Telekom’s T-Mobile UK could be announced as early as Tuesday, say people familiar with the situation.

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