BERLIN-German telecommunications company Mobilcom AG is reportedly set to sell-off its third-generation wireless licenses and network following its decision last year to stop development of the network and write down the value of the licenses as part of a multibillion dollar bailout by minority partner France Telecom.
European reports cite a number of interested parties in Mobilcom’s network, which include 3,600 sites for antennas and some equipment, including KPN’s German E-Plus division, MmO2 plc and Hutchison Whampoa.