business
Saturday, December 20, 2014
The German Telekom negotiated According to media reports, the “image” Axel Springer publishing house with a sale of T-Online. The talks are expected to be in an “early stage”. The competition auditor should the interest.
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The German Telekom wants matching magazine reportedly sell its Internet portal T-Online to the “image” Axel Springer publishing house. Both companies discussed already above, writes the “Business Week”, referring to the business community. However, the talks were still at a very early stage. The “mirror” reported it. He referred to the business community. By Telekom and Axel Springer no comments were first get.
According to “mirror” the Telekom had previously spoken to the Internet media group “Tomorrow Focus”. However, the listed media group will no longer be in the race.
More aboutThe sale of T-Online is according to “Business Week” already. The portal of the Association of Online Research (Agof) according to the highest reach of online media in Germany. Because the Axel Springer owned website of the newspaper “Bild”, “bild.de”, one of the most popular news sites is the purchase of T-Online by the media group would have to be examined by the Bundeskartellamt, it’s hot.
Axel Springer, with a turnover of 2.8 billion euros in 2013, the second largest German media conglomerate Bertelsmann behind. The company shifted its business increasingly from traditional print media to the Internet.
The goal of the group was from last to want to become the world’s leading “digital publishing”. Last year, half of the turnover was achieved already in the online space. Axel Springer next news portals among other things includes the career network “StepStone” real estate search page “Immonet” and the Autovermittlung page “autohaus24″.
As the “Business Week” further reports, is apparently not yet decided whether the Telekom wants to repel all parts. This might allow widespread in Germany e-mail accounts of T-Online remain with the Bonn-based company.
Source: n-tv.de
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