As expected, Deutsche Telekom (DT) and France Telecom (FTE) announce plans to merge their U.K....

|About: Deutsche Telekom AG ADR (DTEGY)|By:, SA News Editor

As expected, Deutsche Telekom (DT) and France Telecom (FTE) announce plans to merge their U.K. operations - T-Mobile U.K. and Orange - vaulting them into the lead of the U.K. market with 30M customers and 38% market share. The combo will generate cost savings of £4B ($5.7B). (PR)