Deutsche Telekom emerged victorious in the battle to buy British mobile phone operator One2One from Cable and Wireless in a deal which will give it a valuable foothold in one of the most important markets in Europe. Under the terms of the deal, Deutsche Telekom will buy One2One, the fourth British mobile phone operator, for £6.9 billion sterling (€10.4 billion). The German telecoms giant will also take over £1.5 billion of debt.