By November 6, 2009

Orange and T-Mobile Merger Confirmed

Deutsche Telekom and France Telecom (parent companies of T-Mobile & Orange) have signed a final agreement to merge the two companies together.


orange TMo

Orange & T-Mobile


Now that the confirmatory due diligence has been completed, this binding agreement confirms the terms of the transaction announced on 8 September 2009.

Completion is conditional upon approval by the relevant authorities and remains expected in the first half of 2010 as previously indicated.

The agreement is subject to the approval of the Supervisory Board of Deutsche Telekom and the Board of Directors of France Telecom.

Timotheus Höttges, CFO of Deutsche Telekom, said: “This joint venture is based on the full commitment of Deutsche Telekom and France Telecom to a long term partnership. I am very pleased to say that the spirit of this partnership is reflected in the way we conducted and concluded our talks. Our joint venture, which has now passed a major milestone, will set new standards in the UK mobile sector.”

Gervais Pellissier, deputy CEO of France Telecom in charge of Group Finance & Information Systems, said: “The relative terms of the transaction as announced on 8 September were fully confirmed. I would like to stress the excellent cooperation between the teams of Deutsche Telekom and France Telecom, which enabled us to deliver on the timing and process objectives which we set out in September. This is an important step towards our objective of establishing an excellent platform to deliver operational synergies and offer innovative and high quality services to our customers.”


Well we thought it may happen and it looks like all the rumors were true. Its certainly good news in the long run in terms of coverage. Orange already has the best UK 3G coverage and this merge is going to improve things even more. We will have to wait and see if the rumors were true about Orange looking after the business side and T-Mobile the consumer side.

As soon as we get more confirmed news we will report it here.


Posted by: James

Posted in: Press Releases

About the Author:

Five year veteran of the site. BlackBerry specialist, but experienced in most operating systems. Enjoys flower arranging and cross stitch.
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