Deutsche Telekom equals Mannesmann price cuts
Article Abstract:
Deutsche Telekom AG of Germany will reduce its rates for mobile-phone clients to 1.29 marks per minute ($0.77) from the present rate of 1.89 marks per minute on Dec. 1, 1998, a move that matches Mannesmann AG's announced rate cuts that will be implemented on Jan. 1, 1999. Deutsche Telekom's decision to match the calling rates for its "Telly-Local-Tariff" clients a month earlier than its competitor is expected to further heat-up the competitive German mobile-phone market. Viag Interkom, the newest entrant to the industry, continues to provide the lowest rates at 0.29 marks per minute but is limited by its reach.
Comment:
Will reduce its rates for mobile-phone clients to 1.29 marks/minute from the present rate of 1.89 marks/minute on 12/1/98
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Birds of Play: Americans Flock to Sport Invented By the Aristocrats
Article Abstract:
A review of the increasing trend towards pheasant hunting by Americans. Known as an English sport, slowly middle to upper-class Americans are beginning to pick up the sport.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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