search query: @indexterm DEREGULATION / total: 280
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| Author: | Peterson, T. |
| Title: | Death of the cartels |
| Journal: | Business Week
1998 : FEB 2, VOL. 3547:877, p. 14-15 |
| Index terms: | ECONOMICS EUROPE DEREGULATION |
| Language: | eng |
| Abstract: | When phone deregulation hit Germany on Jan. 1, things went wild at a tiny, Frankfurt-based TelePassport. The company, which offers discount phone services under new rules allowing competition with Deutsche Telekom, signed up more than 19,000 customers in 20 days - and it won't even start advertising until February. Its 32-year-old founder quickly sold a 22.5% stake to an investor and plans to take the company public in the next few years. "We had expected a lot of interest, but this is way above our plan", says marketing director Volker Isenmann. |
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