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NOT A SUBSCRIBER?Telefonica buys HanseNetPosted on November 5, 2009 9:30 PM
Telefónica SA on Thursday agreed to buy German broadband and fixed-line services provider HanseNet Telekommunikation GmbH from Telecom Italia SpA as the Spanish telecom raises its profile in the important German market.
Telefónica, of Madrid, said it would pay €900 million ($1.3 billion) for HanseNet, Germany's fourth-largest broadband company in a market dominated by incumbent Deutsche Telekom AG. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline.
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