Mobilcom AG (Research discontinued)
Last updated: 15 May 2003 Update History
Report Status: Archived
Report Pages: 9
Analyst: Henry Lancaster
Synopsis
MobilCom is a German telecommunications company whose fixed-line network is among the most modern backbone infrastructures in Europe. It entered the 3G race in 2000 with the support of France Telecom, but the latter’s own financial problems resulted in it ceasing to fund mobilcom’s 3G activities and, after much acrimony, France Telecom agreed to take over the €7.1 billion debt associated with the 3G activities, and for mobilcom to sell those operations. With its balance sheet now in order, mobilcom is restructuring its operations around its core mobile business. A company analysis of the events leading to the 3G shutdown was updated in November 2002.Related Reports
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