Type
Business expansion
Country
Germany
Region
Bayern; Oberbayern; München
Location of affected unit(s)
Munich
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

500 jobs
Number of planned job creations
Job creation
Announcement Date
15 November 2004
Employment effect (start)
15 November 2004
Foreseen end date
31 March 2005

Description

Munich-based mobile phone company O2 is investing heavily in the built-up of UMTS-technology in Germany. The number 4 in the German market wants to close the gap to number 3 E-Plus. 500 new employees will be hired to increase service quality for customers.


Sources

  • 17 November 2004: Merkur-Online
  • 9 July 2005: Frankfurter Allgemeine Zeitung
  • : (www.merkur-online.de)

Citation

Eurofound (2004), O2, Business expansion in Germany, factsheet number 62026, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62026.