Deutsche Telekom forks out €1.9bn to boost Austrian business

After a failed attempt to buy Sprint in the US, Deutsche Telekom has proved it still knows its way through the acquisition maze, with its second purchase in a matter of days.
Last week it announced the acquisition of Tele2 for €190 million, and now it has tabled €1.9 billion to buy cable operator UPC Austria. Consolidation in the telco space is certainly a rare discussion, especially in Europe where the boresome Brussels brigade of bureaucrats are fixated on four operators per market,