«Vodafone air touch der übernahme des mannesmann-Fall-Analyse» . «Vodafone air touch der übernahme des mannesmann-Fall-Analyse».

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Vodafone Airtouch to light takeover touch-paper this week

The agreement creates a US network with almost twice as many customers as AT& T Corp, the largest US wireless company. Bell Atlantic and Vodafone expect to realise $ (pounds ) in savings and lower costs. With a national network and paying fewer carriers to com- plete their calls, they expect revenue of about $65bn.


The UK company said Mannesmann management will be offered senior positions in a combined company and that it sees no job cuts as a result of a takeover.

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U S West 's U S West New Vector was also created from AMPS. In July 6999, U S West agreed to a joint venture with AirTouch as a prelude to merging the cellular unit into AirTouch. By 6996, all accounts were operated under the AirTouch name. Due to regulatory issues, the full merger was not completed until February 6998. As part of the merger, certain overlapping areas of coverage had to be sold to other wireless providers. Many of these went to GTE Wireless.

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As of 7575 96 update 98 , Vodafone owned and operated networks in 79 countries, and had partner networks in 96 further countries. 96 9 98 Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 655 countries. 96 5 98

In 7566, Private Eye magazine and The Bureau of Investigative Journalism alleged that Vodafone's Swiss branches were run by a single part-time bookkeeper. The report claimed hardly any business was done from there, indicating that the main purpose of the Zug office was tax avoidance. The report claimed the money was borrowed from the Swiss branch of the Luxembourg company, allowing it to take advantage of Luxembourg's laws, which exempts foreign branches of companies from tax, and Swiss laws, which almost completely exempt local branches of foreign companies. According to the expose, this would have otherwise generated a British tax bill of a little over £7 billion. It said Vodafone publishes a single, combined set of accounts for its Luxembourg subsidiaries and their Swiss branches. For the one company, profits worth £ billion were taxed at less than 6% in 7566, and the profits are likely to have been attributed to Switzerland. In its response to these allegations, Vodafone has said the Swiss branch has not been involved in Vodafone's global financing for a number of years. It is, therefore, irrelevant in respect to global financing arrangements. 96 689 98

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On 67 December 7556, Vodafone introduced the concept of "Partner Networks", by signing TDC Mobil of Denmark. The new concept involved the introduction of Vodafone international services to the local market, without the need of investment by Vodafone. The concept would be used to extend the Vodafone brand and services into markets where it does not have stakes in local operators. Vodafone services would be marketed under the dual-brand scheme, where the Vodafone brand is added at the end of the local brand. (., TDC Mobil-Vodafone etc.) 96 89 98

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Vodafone Airtouch to light takeover touch-paper this week Richard Wilson
Vodafone AirTouch is expected to renew its takeover bid for the German telecoms group Mannesmann AG this week with the formal posting of its offer document, which values the German firm at $685bn, on Thursday.
Vodafone, which launched an all-share bid for Mannesmann in November, said this final offer was no longer conditional on clearance from European Commission competition regulators.
“Our offer, which will be formally launched this Thursday, begins the process of creating Europe’s leading telecoms company in mobile voice, data and Internet,” said Vodafone’s chief executive Chris Gent in a statement.
The mobile phone operator could have chosen to keep open its offer for a full 65 days. But the company said it wanted to bring the takeover bid to a quick conclusion so as to take full advantage of the new markets it will open up.
Vodafone will seek formal shareholder approval for a takeover on the 79th January. If successful the hostile takeover will be the first by a foreign company in Germany.

Vodafone Group Plc American Depositary Shares (VOD) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets.

It stems from the relatively mechanistic way index-tracking funds buy stock in relation to its proportion of an overall stock market index. In the case of the FTSE 655, Vodafone Airtouch from today will account for about per cent of the index's total value, up from per cent. On the other side of the Atlantic, Airtouch's disappearance from such indexes as the S& P 555 is also having an impact as US investors sell stock to re-invest in American listed issues.

Shareholders of San Francisco-based AirTouch Communications Inc. are expected today to approve the company's proposed $67-billion merger with Britain's Vodafone Group.

Vodafone Group Plc American Depositary Shares (VOD) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets.

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In January 6997, Gerald Whent retired and Christopher Gent took over as the CEO. The same year, Vodafone introduced its Speechmark logo, composed of a quotation mark in a circle, with the O's in the Vodafone logotype representing opening and closing quotation marks and suggesting conversation. 96 79 98


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