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He listed Spain, Italy, UK and Portugal as markets that might profit from consolidation to scale back the variety of operators.
Learn, speaking to reporters following a buying and selling replace and the information that activist investor Cevian Capital had taken a stake within the agency, mentioned he believed that coverage makers understood the significance of consolidation, a transfer that would allow operators to decrease prices and make investments extra of their networks.
He mentioned he wanted different events to be pragmatic and reasonable on valuations, and mentioned for the spun-out towers enterprise a mix with Deutsche Telekom could be preferrred.
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