One2One Bidder Drops Out Of The Race

Mannesmann, the German telecoms company, has said that it will now not be bidding for the UK GSM1800 network, One2One, saying that the price is too high. One2One's owners, Cable and Wireless along with Media One, are asking around US$17 billion for the UK's fourth network."

Posted to the site on 14th July 1999