Following a good lean in their office chairs, decision-makers from Deutsche Telekom and France Telecom have made good on their February announcement to explore network sharing strategies, revealing they will combine their purchasing in a 50 / 50 joint venture. Buyers from Bonn and Paris will now collaborate on the procurement of consumer devices, network equipment, service platforms and IT infrastructure, with the companies expecting to save €1.3 billion from their efforts. They foresee this coordination creating more effective relations with suppliers, and benefiting customers through harmonized technology across networks. While the deal still needs regulatory approval, this isn't the first time the operators have gotten friendly, having previously merged
T-Mobile and Orange in the UK. There's nothing like cooperation to get an edge on the competition, right? Get the full PR after the break.