Drillisch bolsters German MVNO play

Drillisch saw its status as the emerging competitive threat to Germany’s incumbent mobile operators boosted by two deals. The MVNO has taken over 301 shops and 300 employees from Telefonica Deutschland, one of the conditions attached to the operator’s acquisition …

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United Internet buys Versatel Germany

German internet service provider United Internet this week signed an agreement with private equity firm Kohlberg Kravis Roberts to acquire all outstanding shares of network operator Versatel for €586m in cash.