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Articles tagged with: Deutsche Telekom and Telekom
Confirmed: T-Mobile and Orange to Merge UK Operations
As reported yesterday, Deutsche Telekom and France Telecom have today announced that they have entered into exclusive negotiations to combine T-Mobile UK and Orange UK in a new 50:50 joint venture company. more
Related Tags: france-telecom, orange, t-mobile, cfo, broadband, UK
T-Mobile UK to Announce Merger with Orange on Tuesday - Report
It is being reported that Deutsche Telekom and France Telecom will announce a "merger of equals" between their respective UK mobile networks early tomorrow morning. Sources familiar with the matter told Dow Jones Newswires that the deal will be signed on Monday and announced before stock markets open on Tuesday. more
Related Tags: france-telecom, orange, t-mobile, UK
Deutsche Telekom Again Seeking Sale of T-Mobile UK
Deutsche Telekom is reported to have restarted talks with the UK mobile networks over a possible sale of its T-Mobile UK subsidiary. Citing people familiar with the situation, the Financial Times said that Vodafone, France Telecom, and Telefónica had shown interest in the UK mobile network, although talks are understood to be at a preliminary stage. more
Deutsche Telekom's 2Q profit rises 32 percent
Germany's Deutsche Telekom has reported a 32% rise in second quarter profits, boosted by its acquisition of Greece's Hellenic Telecommunications Organization (OTE). The Greek company OTE contributed EUR 1.5 billion to net revenue and EUR 0.5 billion to adjusted EBITDA of the Group in the second quarter of 2009. The company recorded a net profit of EUR 521 million (US$750.7 million) on revenues of EUR 16.2 billion, up 7.4% on the year ago. more
T-Mobile Germany Improves Call Center Performance
Germany based ASC telecom has signed a framework contract with Deutsche Telekom for the delivery of software for improving quality as well as optimizing processes of all Telekom inhouse call centers. The framework contract covers the planning, projecting, delivery and implementation of ASC's quality management software for more than 10,000 call center agents at 33 locations as well as the education of agents, trainers and supervisors. more
Related Tags: asc-telecom, t-mobile-germany, call-center, Germany
Telefonica O2 Interesting in Buying T-Mobile UK
Telefonica's O2 subsidiary would be interested in putting in a bid for T-Mobile UK if its parent company, Deutsche Telekom decides to put it up for sale. In an interview with Financial Times Deutschland, Telefonica's European CEO, Matthew Key said that any acquisition would be likely to require an investigation by the UK's regulators as the merged company would have a market share in excess of 40%. more
Related Tags: telefonica, o2-uk, t-mobile-uk, UK
Deutsche Telekom Considering Asset Swap for T-Mobile UK
As rumours continue to name ever increasing numbers of companies interesting in bidding for T-Mobile UK, the German parent, Deutsche Telekom could be looking at an asset swap as opposed to a direct cash sale. more
Related Tags: t-mobile-uk, UK
Fitch Ratings Affirms OTE at 'BBB'; Outlook Stable
Fitch Ratings has today affirmed Greece-based Hellenic Telecommunication Organizations's (OTE) Long-term Issuer Default rating (IDR) at 'BBB' with Stable Outlook. At the same time, the agency has affirmed OTE PLC's senior unsecured rating at 'BBB'. more
Related Tags: ote, fitch-ratings, fitch, presence, Greece
Orange Tried to Buy T-Mobile UK
France Telecom is reported to have made an offer to buy T-Mobile UK, but was rebuffed by T-Mobile's German parent company, Deutsche Telekom. The UK's Guardian newspaper also noted that Vodafone was rumoured to have offered to do a swap for its Turkish subsidiary, although the deal was denied by Vodafone. more
Related Tags: france-telecom, orange, t-mobile-uk, UK
Deutsche Telekom Posts Q1 Loss on T-Mobile Write Down
Germany's Deutsche Telekom has reported a net loss of EUR 1.1 billion (US$1.46 billion) for the first-quarter of this year, compared to a profit of EUR 900 million a year ago. The loss was largely blamed on an expected EUR 1.8 billion (US$2.4 billion) write-down on the valuation of T-Mobile UK. Adjusted profit was EUR 700 million (US$931 million), which is a 12.7% decline on the previous year, reflecting a slight downward trend in operational terms. more
Related Tags: t-mobile-uk, cosmote, ote, Germany