IP: Deutsche Telekom. corrected

[Dave Farber <farber () cis upenn edu>]

When the Germans bid 53 Billion they would be paying $20,000 per 
subscriber. If one uses that valuation for Bell Atlantic with 25 million 
wireless subscribers , that is $500 Billion . The market values the whole 
BA at $120 Billion. Same type of numbers for ATT.Clearly they should find a 
foreign buyer for their wireless.

Real issues raised by this game.

Dave