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Acquisition of Mannesmann by Vodafone

Acquisition of Mannesmann by Vodafone. Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje. Vodafone before. founded in 1983 as Racal Telecom independend in 1991, renamed to VF after rename, VF grew up

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Acquisition of Mannesmann by Vodafone

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  1. Acquisition of Mannesmann by Vodafone Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  2. Vodafone before founded in 1983 as Racal Telecom independend in 1991, renamed to VF after rename, VF grew up in 1996 VF purchased „Peoples Phone“ with 181 stores and others smaller companies with own stores in 1997 the present VF logo was designed Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  3. Mannesmann before • Founded in 1890 • A conglomerate of: • Telecommunication • Plant engineering • Tubes • Engine and chassis technologie • In 1999: • 23,27 billion € turnover • 130.860 employees worldwide Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  4. Steps of the acquisition Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  5. Steps of the acquisition • October 1999: • Mannesmann acquires Orange telecom • First rumours that Vodafone plans to aquire Mannesmann • November 1999: • First offer for the Mannesmann shareholders: 100 billion € -> management said: NO Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  6. Steps of the acquisition • Two days later: • New offer: 124 billion € ->Managment said again: NO • First protests of employees and population • Rescue effort: • Cooperation with Vivaldi, but Mannesmann director Esser failured it in the last minute • Esser gets a car and a chauffeur for lifetime Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  7. Steps of the acquisition • 3.2.2000: • Acquisition of Mannesmann by Vodafone for 190 billion € • 4.2.2000 • Special paymentsfor the Mannesmann Management • Director Esser has to go and gets a record compensation Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  8. Today: Vodafone No Mannesmann anymore No seamless steel tubes anymore VF became worlds second largest global acting mobile telecommunication network company (right after China Mobile) Market value of £ 71.2 billion 427 subscribers worldwide Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  9. Vodafone – products • Wide product range • in all corners of the mobile telecom market e.g. • mobile • internet • video-calls • broadband home internet via UMTS • variety of products in mobile phones Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

  10. Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje

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