The Italian investment company ELIOS HOLDING (consolidated turnover of ITL 25 billion forecasted for 2000) took control of the German company GNT (land lines; equivalent turnover of ITL 106 billion forecasted for 2000) and ELIOSAT. It acquired 50.1% of GNT via a capital increase for ITL 16 billion. ELIOSAT is a satellite data transmission company that has an annual turnover of ITL 3 billion, acquired for ITL 6 billion.