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Europe Daily Bulletin No. 7726

27 May 2000
Contents Publication in full By article 36 / 42
ECONOMIC INTERPENETRATION / (eu) telecommunications

FRANCE TELECOM has paid GBP 7.5 million for DEUTSCHE TELEKOM's 25% stake in METROHOLDINGS. In exchange, the German operator will be buying FRANCE TELECOM's 50% share in MULTILINK for CHF 50 million. Further to this operation, the French group will own 50% of METRO HOLDINGS, a local loop operator in the United Kingdom; the remaining 50% is owned by ENERGIS, a subsidiary of the British electricity company NATIONAL GRID.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION