FRANCE TELECOM has bought up AMENA, the third largest mobile phone operator in Spain, for the sum of EUR 6.4 billion including 3 billion in shares. The French operator will then merge AMENA (which has a turnover of EUR 3.23 billion n 2004 with 9.275 million clients) with its own activities in Spain where it is present in the fixed telephony and Internet sectors. After the operation, FRANCE TELECOM will hold 75 to 80% of the new entity. The deal, which will be via an increase in reserve...