Mobilix, France Telecom's Danish subsidiary, has signed a joint-venture agreement with and transferred 14% of shares to Banestyrelsen, the Danish National Railway Agency. This 14% stake is worth between 200 and 300 million Krones, according to Banestyrelsen Director Erik Elsborg. The strategic cooperation agreement will enable Mobilix to use Banestyrelsen's 7,000 km network of fibre-optic cables, which the Railway Agency proposes to extend to 20,000 km by the year 2000. Mobilix, which began trading on Denmark's mobile telephony market on April 16, is...

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