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German Wireless Merger Overdue, Telefonica Executive Says

Telefonica SA predicts consolidation in Germany’s mobile-phone market, one of Europe’s most competitive, as operators seek scale to offset higher costs from data services, according to the head of the Spanish company’s German division.

The market is too small for four companies and a deal may involve a linkup of a larger and a smaller company, said Rene Schuster, who runs the German unit of Telefonica, Spain’s biggest phone company. A merger will probably take place in the next three to five years and his division is large enough to execute its strategy on its own, he said.