NEWS FLASH 2000 - 25 (July 2000)
(Updated on July 25,  2000)

ACQUISITIONS, MERGERS & AGREEMENTS

The German telecommunications giant, Deutsche Telekom, has acquired VoiceStream, an American mobile company who operates wireless networks, for $50 billion. This is a record amount for the mobile communications industry. With Voicestream’s recent expansion, its use of the GSM standard and its coverage of the major geographical markets in America, Deutsche Telekom believes this amount has been justified. Deutsche Telekom will invest $5 billion on expanding VoiceStream's network for next delivery of next generation mobile services. VoiceStream will continue to operate under its own brand and will carry on operations in North America independently.

For more information: www.voicestream.com/

Mobileinfo Comments and Advisory: This will create a global powerhouse for mobile services. It is a big boost for GSM in North America. 

Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.

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