Deutsche Telekom acquires U.K.'s One 2 One

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LONDON--Deutsche Telekom has bought One 2 One, the U.K. mobile telecom operator, for $11 billion from the joint venture partnership between Cable & Wireless and Media One Group. Launched in 1993, One 2 One covers 96% of the U.K.'s population and handles more than 130 million calls a week.

Copyright August 1999, Crain Communications Inc.

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