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Against the tide

机译:逆潮流

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摘要

European telecoms operators are supposed to be consolidating. After years of developing competition, the industry and its investors have concluded there is no escaping the fact that telcos need scale to be viable. Last year's mergers of AT&T with SBC and MCI with Verizon Communications set the tone, and the acquisition of 02 by Telefonica appeared to recognise the inevitable would happen in Europe too.
机译:欧洲电信运营商应该进行整合。经过多年的发展竞争,电信业及其投资者得出的结论是,电信公司需要规模才能生存。去年AT&T与SBC的合并以及MCI与Verizon Communications的合并定下了基调,Telefonica收购02似乎也意识到了欧洲也将不可避免。

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