Tchibo and O2 Germany will establish a 50/50 joint venture company, Tchibo Mobilfunk, to develop, test, and launch mobile services in Germany

July 14, 2004

1 Min Read

LONDON -- mmO2 plc today announces that Tchibo GmbH and O2 Germany have signed a contract to establish a 50/50 Joint Venture (JV) company.

Over the next 12 months, the Hamburg-based operation known as Tchibo Mobilfunk GmbH & Co. KG plans to develop, test and launch mobile services in Germany. The company will announce further details in due course.

This latest announcement follows the successful JV between O2 UK and Tesco plc. Tesco Mobile, launched last September, is now available from over 500 Tesco stores throughout the UK and already has well over 250,000 pre-pay subscribers.

mmO2 plc

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like