Telefonica concludes HanseNet purchase

19 Feb 2010

European telecoms giant Telefonica has announced the completion of its acquisition of Telecom Italia’s German broadband unit HanseNet via its regional unit Telefonica O2 Deutschland. Telefonica has said it now expects to start offering HanseNet services, which are offered under the ‘Alice’ banner, in O2 stores from March 2010. However, it is understood that HanseNet will continue to operate as a separate company with headquarters in Hamburg. The acquisition is expected to make O2 the third largest player in the market in terms of revenue, generating potential annual turnover of almost EUR5 billion, with 15 million mobile and 2.4 million DSL customers. Commenting on the completion of the deal, Rene Schuster, CEO of Telefonica O2 Deutschland, said: ‘We warmly welcome HanseNet employees. Together we will change the German telecommunications market. We stand for innovation, growth and progress.’

As previously reported by CommsUpdate, at the end of January the European Commission (EC) cleared Telefonica’s acquisition of HanseNet after it concluded that the takeover would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. Telecom Italia signed a final agreement to sell the unit for EUR900 million (USD1.34 billion) in December 2009.


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate


Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.