By pooling their buying power, Deutsche Telekom and France Télécom-Orange are targeting savings of EUR 400 million per year and below EUR 900 million per year respectively within three years of launching the joint venture.
BUYIN is based in Brussels and has operational units in in France and Germany. The company is headed by Volker Pyrtek (52), previously Chief Procurement Officer at Deutsche Telekom.
"We are very pleased to have received approval from appropriate anti-trust authorities for our procurement cooperation with France Télécom-Orange. Now we can start working together to tap into the large and growing potential savings from joint procurement,” said Edward R. Kozel, Chief Technology and Innovation Officer at Deutsche Telekom. http://www.francetelecom.com
http://www.telekom.com 14-Oct-11
- Deutsche Telekom and France Télécom-Orange first announced their procurement joint venture on 18-April-2011.