| Business Summary | | Mannesmann
AG,
a
subsidiary
of
Vodafone,
has
been
in
the
global
telecommunications
business
since
its
April
2000
merger
with
Vodafone.
Mannesmann
was
previously
a
diversified
company
with
businesses
engaged
in
the
engineering,
automotive,
tubings
and
telecommunications
industries.
The
Company
divested
its
engineering,
automotive
and
tubings
businesses,
transforming
itself
into
a
solely
telecommunications
company.
Mannesmann
conducts
its
telecommunications
business
through
the
following
divisions:
Mannesmann
D2,
Mannesmann
Arcor,
Omnitel
and
Infostrada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mannesmann
AG
is
a
German
corporation
with
four
core
sectors:
Engineering,
Automotive,
Telecommunications
and
Tubes.
For
the
fiscal
year
ended
12/31/99
revenues
rose
22%
to
EUR23.27
billion.
Net
income
totaled
EUR529M,
up
from
EUR239M.
Revenues
reflect
the
pre-rated
inclusion
of
Omnitel
and
Infostrada
and
the
continued
market
success
of
Mobilfuk
and
Arcor.
Earnings
also
benefitted
from
the
efficiencies
associated
with
a
higher
level
of
revenue. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Klaus Esser | Chairman | Josef Ackermann | Vice
Chairman | Lars Berg | Member
of the Management Board | Joachim Funk | Chairman
of the Supervisory Board | Peter Gerard | Member
of the Managment Board |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|