France Télécom looking for buyers for MobilCom stake

15 Aug 2003

France Télécom (FT) has begun the process of selling its 28.5% stake in German telco MobilCom and intends to be rid of the operator by the end of year, according to local press reports. Heavily indebted FT has refused to pour any more money into the development of MobilCom’s 3G network.