OXFORD, United Kingdom-Having decided to abandon its third-generation (3G) plans and write down to zero its license and network investment, Germany’s MobilCom is reported to be considering bids from KPN and MmO2 to acquire elements of the partially deployed infrastructure.
The company is said to be wanting to conclude a deal by the end of this month, although it realizes any payment would only recoup a small percentage of the 500 million euro (US$550 million) its has spent building the 3G network. The two bids, from KPN via its German operation E-Plus and O2 Germany, are thought to value the total MobilCom infrastructure at between 50 million to 100 million euros (US$55 million to US$110 million) given it currently covers less than 20 percent of the country’s population. MobilCom said it has more than 900 operational base stations with about the same number halfway completed.
If a sale is agreed, which is not certain given KPN and MmO2 already have 3G networks under construction or sharing agreements in place, then under the terms of France T
