interesting-people message

Subject: IP: Deutsche Telekom. corrected

From: Dave Farber <farber@cis.upenn.edu>
Date: Sun, 23 Jul 2000 09:42:12 -0400


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