Deutsche Telekomwatch

DT’s facilities partner ISS initiates arbitration over deal dispute

2023-02-23T11:00:00

dtw122-tt-iss

Source: ISS

Outsourcer indicates contractual disagreement with DT over huge FM deal not yet resolved, and entering arbitration. Dispute overhangs progress being made by ISS in turnaround of hitherto-unprofitable contract. Breakeven achieved on DT engagement in FY22, on schedule — removing long-running drag on ISS financial performance.

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