Feeds

France Telecom sues Deutsche Telekom for billions

Italian merger effectively terminates alliance, says FT

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Jilted phone giant France Telecom is claiming "several billion Euros" from Deutsche Telekom over the latter's wrecking of the pair's nice alliance. FT's claim translates neatly into a little over several billion dollars, and if the other member of the old triple alliance, US Sprint, cares to chime in, this could get expensive for DT. According to France Telecom: "The proposed combination between Deutsche Telekom and Telecom Italia, undertaken without any prior consultation with France Telecom, significantly alters the trust between the two partners and deliberately breaches the alliance. It entails as a consequence the termination of the agreements signed in 1998." DT's proposed Telecom Italia merger certainly materially alters the nature of its alliance with FT (which is somewhat different from, but not entirely unrelated to, the Global One alliance involving Sprint). The Register's take on DT's move is that it's some kind of corporate insanity (Register stock tip - never put any money into anything called Telecom Italia), and that no good will come of it. France Telecom has filed lawsuits with the International Court of Arbitration of the International Chamber of Commerce, and seems very cross indeed. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.