Acquisition of mannesmann by vodafone
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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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Acquisition of mannesmann by vodafone

Acquisition of Mannesmann by Vodafone

Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje


Vodafone before

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


Mannesmann before

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


    Steps of the acquisition

    Steps of the acquisition

    Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje


    Steps of the acquisition1

    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


    Steps of the acquisition2

    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


    Steps of the acquisition3

    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


    Today vodafone

    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


    Vodafone products

    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


    Acquisition of mannesmann by vodafone

    Axel Konersmann | Jost Philip Bade | Alberto Galvan Monje


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