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Tatas eyeing Deutsche Telekom's German IT unit

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Press Trust of India New Delhi
 According to a report by German business weekly Focus Online, the Tata Group is currently studying the books of Deutsche Telekom's T-Systems unit. The Tatas are planning this deal through the European unit of Tata Consultancy Services.

 T-Systems is one of the smallest units of Deutsche Telekom. It had reported a revenue of 12.5 billion euro (about Rs 73,000 crore) last year and has a total workforce of over 55,000 people.

 When contacted, a TCS spokesperson in Mumbai said the report was completely speculative and the company did not comment on speculations.

  

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First Published: Mar 22 2007 | 6:09 PM IST

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