By editorial@silicon.com, 14 December 1998 12:29
NEWS A new round of heavy price cuts has intensified the struggle in the German telecoms market. On Friday, Germany's telecoms regulator approved Deutsche Telekom's (DT) plan to slash domestic long-distance charges by up to 63 per cent. The move, which will take effect on 1 January, is a bid by DT to regain market share in the long-distance market, which has diminished by as much as 30 per cent according to some estimates. Confirmation of DT's price cuts coincided with the decision of rival, o.tel.o, to reduce charges for long distance calls by as much as 61 per cent, and followed a similar announcement by Mannesmann earlier in the week.
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