All Deutsche Telekom Group (DTAG) articles – Page 53
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Partnerships & Alliances
DT set for trio of Vision Fund tie ups: Claure
SoftBank to give DT a big reservoir of digital partners to draw from as it seeks new revenue streams, starting with European e-mobility, learning, and fintech players. Claure talks up ‘convergence’ and long-term nature of relationship between SoftBank and DT. SoftBank exec looking to make big impression after securing ...
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Premium
DT trades Dutch NatCo for a scoop of US, plus sprinkles
Former DT CEO Obermann steps in with buyout of T-Mobile Netherlands through Apax–Warburg Pincus consortium. Deal is culmination of turnaround effort launched in 2016 when last attempt to sell NatCo fell through. Exit opens the lid on a box of intriguing strategic options for DT. DT directs some of ...
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M&A
Deutsche Telekom sees Dutch exit door loosen — report
India’s Reliance Industries reportedly set to make €4.8bn non-binding offer for T-Mobile Netherlands. Several top foreign banks apparently formed syndicate to fund the takeover. Akash Ambani said to be personally managing the T-Mobile transaction.
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Partnerships & Alliances
Aldi enters smart home space with DT tie-up
Entry-level SmartHome Magenta package to be made available on online shelves. Tie-up with Germany’s discount supermarket chain will no doubt be watched closely by smart-home rivals.
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People
Telekom Deutschland’s fibre JV fills co-CEO vacancy
Glasfaser Nordwest taps co-parent EWE for new leadership appointment. Former incumbent swaps one German FTTP specialist for another. Telekom–EWE business expands product marketing to new locations.
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Corporate
DT sees shareholder dissent over exec pay: report
Georgeson flags DT among big European companies facing increased dissent from institutional investors over exec remuneration. BlackRock unhappy about growing trend among firms to contrive large bonuses from changing previously agreed performance metrics. Unclear if DT falls into this category.
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Products & Services
DT to cut its losses on De-Mail, says partner
Encrypted mail service De-Mail, described by Timotheus Höttges as a “dead horse” earlier this year, dropped by Telekom Deutschland according to partner Web.de. NatCo will cease its offering by end of August 2022, a decade after launch, citing a “lack of profitability”.
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Partnerships & Alliances
Vodafone quietly steps into Gaia-X club
UK operator joins Deutsche Telekom, Orange, and Telecom Italia at the European cloud and data initiative. Gaia-X now has 300 members. T-Sys’s Adel Al-Saleh says scale, not US hyperscalers, are critical to the success of Gaia-X.
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Venturing & Investments
Intel said to offload former DT investment Replay Technologies
One report suggests Verizon is buying part of Intel’s sports technology arm.
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People
Sievert ranked highest paid US telco CEO
T-Mobile US CEO overtakes previous US telecoms front-runner Mike Fries. Sprint takeover turbo charges DT executive compensation in FY20.
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Network & Infrastructure
Cell Broadcast readied in Germany’s post flood re-build
The long-mooted Cell Broadcast warning system gets preliminary greenlight from German government in response to apparent vulnerabilities exposed during July’s flash floods. Deutsche Telekom already has its hand up as a bidder for any government tender for the infrastructure project, worth an estimated €40m. O2, Telekom Deutschland, and Vodafone ...
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Public Affairs
T-Mobile US confirms loss of customer data in new breach
Sixth and largest data breach in four years affects nearly 55 million people. TMUS CEO Mike Sievert: “We failed. We’re sorry”. Sievert pledges multi-year investment and calls in experts from Mandiant and KPMG to “transform” TMUS approach to security. Hacker says TMUS security is “awful”. Questions remain for TMUS ...
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Strategy & Change
DT’s real estate “right-sizing” takes effect
Deutsche Telekom’s property rationalisation, optimisation, and “right-sizing” project, mooted by execs at the Capital Markets Day, has started in earnest. Offices in Ansbach, Flensburg, and Regensburg among the first to change.
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Suppliers & SCM
BT protégé DoubleMe doubles down on 5G and MEC
3D image processing specialist highlights collaboration with BT, DT, Telefónica, Vodafone, and others to realise real-time ‘metaverse’ ambitions using 5G.
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People
Crnogorski Telekom CEO switches to DT’s Romanian NatCo
Dina Tsybulskaya to head up Romanian mobile operations from September. Vladan Pekovic to stay on until Orange transaction has been completed.
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Premium
Deutsche Telekom people moves: former execs take lead at key vendors
T-Systems’ Wagner moves to lead Google Cloud in Germany, while former T-Mobile exec Pankajakshan expands his remit at Mavenir. CFO swaps at T-Systems’ French and Dutch divisions, as Grandchamp-Robustelli’s short-lived tenure in the Netherlands comes to an end. Group HR changes include a new SVP for Europe.
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Suppliers & SCM
Job cuts coming as ISS works to solve DT deal losses
Manager of Group’s German facilities working through “long list” of restructuring measures, with aim to reach breakeven on flagship deal. Stage one complete as key IT milestone hit. Staff and subcontractor cutbacks coming as ISS seeks to squeeze out more costs.
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Venturing & Investments
DT scopes out precise positioning partnerships
Nascent German business Angsa Robotics beats competition from ten other startups to win Deutsche Telekom backing. Startup gearing up for launch next year.
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Network & Infrastructure
Hrvatski Telekom outspends rivals on 5G spectrum
Croatian NatCo can now start 5G network rollout in earnest.
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M&A
Höttges “ready” for Drahi tête-à-tête after BT raid
DT confirms Altice’s secretive acquisition of a large BT holding went unflagged. Group “open” to discussions and sees prospect of “exciting” developments towards end of 2021. DT accentuates lack of pressure to sell up, should Altice target its holding.