France Telecom is to privatize a 20% stake in the company as early as October, according to La Tribune. The company will offer 10% to the public and 10% to Deutsche Telekom AG. Eventually the company intends to privatize up to a third of the company, but it apparently want to float 10% before Italian state telecommunications company Societa Finanziaria Telefonica per Azioni – Stet – is put on the market (CI No 3,167).
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