Deutsche Telekom outlines initial retail offer

Article Abstract:

The pre-offer marketing campaign launched recently by Deutsche Telekom gives details of the mixture of retail discount and loyalty bonus which is designed to boost interest in share ownership in Germany. Individuals seeking to purchase shares will be able to take advantage of a price discount on the offer price and loyalty shares in the proportion of one for every 10 shares allocated and held continuously until Sep 30, 1999. Steps are being taken to encourage registrants to apply early.

Securities

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Competition for Dutch mobile phones

Article Abstract:

Bids have been submitted for the contract to establish a mobile telephone network in the Netherlands by five international consortia, including Deutsche Telekom and Telecom Finland. The network would compete with the existing system run by Koninklijke PTT Nederland (KPN). GSM Nederland is thought to be a strong contender for the contract and it has promised tariff reductions and 98% penetration by the end of 1996.

Telecom Finland International Inc., GSM

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Mixed review for KPN by investors

Article Abstract:

100 million shares in Koninklijke PTT Nederland (KPN), postal and telecoms company, have been sold by the Dutch government. It had been planned to float between 91.2 million and 168.2 million of the company's shares and the small size of the float has been criticised by institutional investors. They believe that a slightly lower launch price would have led to more shares being floated.

Management, Mergers, acquisitions and divestments, PTT Telecommunications of the Netherlands

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