Buy custom Key Challenges to Cross Cultural Management: o2 Germany Case Study
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1045 |
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Conveniently for o2 Germany at that time, Telefonica had an established branch (Telefonica DE) since 2003 in Germany as a wholesale Internet Carrier providing network infrastructure services to Internet Service Providers (ISP) such as Freenet and HanseNet/Alicey. The top management of o2 Germany tried to convince its employees that Telefonica was anyway its preferred partner to help it achieve its aspirations of becoming an Integrated Communications Service Provider (fixed/ cellular telephony and internet surfing) and hence its acquisition was perfectly timed for its benefit, apart from strengthening the company’s finance and being adopted by a formidable “motherâ€...
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Post-acquisition, Mr. Groger was appointed joint CEO of o2 Germany and Telefonica DE. However the subsequent poor revenues in the following six quarters forced CEO Groger to announce layoffs as part of cost-cutting measures and to step down. A new top management was introduced with a former Telefonica S...
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