T-Mobile UK Head: Orange JV To Be Signed Shortly

Nov 5th, 2009 - Wall Street Journal

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LONDON (Dow Jones)--The joint venture between Deutsche Telekom AG (DT) and France Telecom's (FTE.FR) U.K. mobile buinesses will be signed in the next few hours, T-Mobile UK Managing Director Richard Moat said Thursday.

The 50-50 joint-venture between T-Mobile UK and Orange UK, which was first announced on Sept. 8, will create the U.K.'s largest mobile operator with 37% market share, well ahead of current leaders Spanish group ...

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