DTE.DE - Deutsche Telekom AG

XETRA - XETRA Delayed price. Currency in EUR
13.83
+0.19 (+1.43%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Previous close13.64
Open13.69
Bid13.81 x 910400
Ask13.82 x 288200
Day's range13.59 - 13.83
52-week range10.41 - 16.75
Volume5,535,359
Avg. volume18,593,992
Market cap65.595B
Beta (5Y monthly)0.58
PE ratio (TTM)16.89
EPS (TTM)0.82
Earnings date13 Aug 2020
Forward dividend & yield0.60 (4.40%)
Ex-dividend date22 Jun 2020
1y target est17.40
  • How Much is Deutsche Telekom AG's (ETR:DTE) CEO Getting Paid?
    Simply Wall St.

    How Much is Deutsche Telekom AG's (ETR:DTE) CEO Getting Paid?

    In 2014, Tim Höttges was appointed CEO of Deutsche Telekom AG (ETR:DTE). First, this article will compare CEO...

  • SoftBank May Sell $20 Billion Stake in T-Mobile This Week
    Bloomberg

    SoftBank May Sell $20 Billion Stake in T-Mobile This Week

    (Bloomberg) -- SoftBank Group Corp. is closing in on a deal to sell about $20 billion of its stock in T-Mobile US Inc., accelerating efforts to raise capital after record losses in its investment business, according to people familiar with the matter.The Tokyo-based company, which owns about 25% of T-Mobile US, plans to sell a slice of that stake to Deutsche Telekom AG so the German parent can own a majority and consolidate the unit’s financial results, said the people, asking not to be identified because the matter is private. SoftBank would then sell shares in a secondary offering to other investors and retain a smaller stake itself, one of the people said. The deal could be announced this week, the person said.Talks are still ongoing and the deal could change or fall apart. T-Mobile US’s market value is about $126 billion, while SoftBank’s stake is about $31 billion.SoftBank founder Masayoshi Son landed the stake in T-Mobile US just this year, after U.S. regulators approved the sale of his Sprint Corp. to its wireless rival. He is in the midst of selling 4.5 trillion yen ($42 billion) of assets to raise cash so he can buy back shares and pay down debt. Among his other prime assets are Chinese e-commerce giant Alibaba Group Holding Ltd. and SoftBank Corp., the Japanese wireless business.“If SoftBank Group can renegotiate that sale, it will reduce pressure on SoftBank Group to sell its stakes in Alibaba or SoftBank Corp.,” Atul Goyal, senior analyst at Jefferies Group, wrote in a report.The company already raised $11.5 billion from contracts to sell shares in Alibaba, its most valuable holding. Son said at an earnings briefing on Monday that the sale is the first tranche in a broader unwinding of assets.Dow Jones, which reported the T-Mobile US sale earlier, said Morgan Stanley and Goldman Sachs Group Inc. are working to draw investors for the deal.Long-term ControlAny potential sale could tip Deutsche Telekom’s stake in T-Mobile over 50%. The German carrier currently holds 43.6% and is already the controlling shareholder due to how voting rights were structured following the Sprint deal. A 7% stake in T-Mobile would be worth about $8.2 billion, according to New Street Research analyst James Ratzer.“Another buyer might be willing to pay a higher price than Deutsche Telekom, so going to 50% now would secure longer-term control,” Ratzer said in a note.T-Mobile completed its $26.5 billion takeover of Sprint on April 1, making it the second-largest mobile carrier in the U.S. based on the number of regular monthly subscribers. T-Mobile is the nation’s fastest-growing wireless company, and Deutsche Telekom’s largest source of revenue.On a Deutsche Telekom earnings call last week, Chief Executive Officer Tim Hoettges was asked if the company would be interested in buying a larger stake in T-Mobile from SoftBank.“It’s a great business to have, big attractive opportunities going forward -- we believe in the stock,” he said, adding that he could not “speculate on anything around these M&A talks.”Deutsche Telekom’s shares rose 1.5% in early trading on Tuesday.SoftBank and Deutsche Telekom are in the first months of a four-year lockup period that restricts the sale of T-Mobile shares. But the merger agreement doesn’t stop the companies from transferring stock between SoftBank and Deutsche Telekom. Even though Deutsche Telekom has a controlling stake in T-Mobile, it doesn’t have a majority stake. An outsider could purchase SoftBank’s shares when the lockup expires in 2024.SoftBank Group said on Monday that its Vision Fund lost 1.9 trillion yen in the most recent fiscal year, triggering the worst loss ever in the Japanese company’s 39-year history. SoftBank had to write down the valuations of companies like WeWork and Uber Technologies Inc. because of business missteps and the coronavirus fallout.The Japanese company also said on Monday it plans to spend up to 500 billion yen to buy back shares through next March, on top of an existing repurchase plan of the same size. That has helped SoftBank shares stabilize, rising more than 70% from their low in March.The stock fell about 2% in Tokyo on Tuesday, as Japan’s indexes rose.(Updated with additional context)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Ciena Teams With Deutsche Telekom Arm for Fiber Connectivity
    Zacks

    Ciena Teams With Deutsche Telekom Arm for Fiber Connectivity

    Ciena (CIEN) gets selected by the wholesale arm of Deutsche Telekom for the deployment of its WaveLogic 5 Extreme network across Europe for advanced connectivity solutions.

  • SoftBank Could Sell Its T-Mobile Stake
    Motley Fool

    SoftBank Could Sell Its T-Mobile Stake

    SoftBank's Vision Fund posted an $18 billion loss for its fiscal year ended March 31 thanks to investments gone bad.

  • Bloomberg

    Time for SoftBank to Consider That Vision Fund IPO

    (Bloomberg Opinion) -- SoftBank Group Corp.’s flagship, $98.6 billion Vision Fund is almost tapped out. Its holdings of unicorn startups aren’t likely to deliver cash to investors anytime soon.Yet SoftBank needs liquidity, and there’s talk that the Saudi government’s Public Investment Fund may be looking to monetize its stake through a margin loan. (The PIF denied a Bloomberg News report that it has such plans). An answer to both problems would be to list shares in the Vision Fund itself, a topic that has been given scant regard as people focus on the underlying investments.Hear me out, though.The fund’s two biggest holdings right now are Chinese content-platform Bytedance Inc. and ride-hailing leader Didi Chuxing. There’s slim chance that either will have an initial public offering this year, and probably not in the U.S., where the mood toward Chinese companies has soured after the Luckin Coffee Inc. scandal. Too bad for them: All the dollars printed by Washington to tackle the Covid-19 economic crisis might mean there’s plenty of money sitting around waiting for a big new share sale. Of the 88 investments in the Vision Fund’s portfolio, 50 had a cut in valuation during the 12 months to March 31, and 19 were unchanged. SoftBank told investors Monday that its startups are facing varying degrees of impact from the pandemic, which means it’s probably not an opportune time to try to sell any individual company in public markets.But as a collective, the portfolio makes as good an asset as anything else SoftBank has on hand. It’s possible that SoftBank will be able to offload some of the T-Mobile US Inc. shares that replaced its stake in Sprint Corp. after the operators merged. According to the Wall Street Journal, T-Mobile’s parent, Deutsche Telekom AG, is considering a purchase. But there are various lockup clauses and share price incentives built into the deal that probably limit the size of any such transaction.I talked before about the need for SoftBank to sell down its $137 billion stake in Alibaba Group Holding Ltd. after it said that it would monetize as much as $41 billion in assets. Let’s be clear: “Monetizing” doesn’t necessarily mean selling. SoftBank’s strategy has largely been to take out loans backed by its assets, some of which are non-recourse.(1)There’s also British semiconductor maker Arm, which we already know is slated for an eventual IPO. The current state of SoftBank’s finances make it likely this listing will be fast-tracked.But these holdings — T-Mobile, Alibaba, Arm(2) — are SoftBank assets. Selling them doesn’t necessarily solve the Vision Fund’s cash needs. And they don’t much help the fund’s sugar daddy, the Saudi government. As my colleague David Fickling wrote recently, the net financial assets held by Saudi Arabia’s government have declined to just 0.1% of gross domestic product, from 50% in the four years through 2018. Being one of the world’s biggest oil producers helps only so much when a global pandemic grounds aircraft, sends economies into decline, and results in sliding crude prices. Even if the PIF denies plans to take out loans against its Vision Fund stake, the kingdom’s rulers will be keen that it raise cash any way possible. The Vision Fund itself needs money. It’s on the hook for at least $3 billion in preferred equity dividend payments every year, as well as the cash it needs just to operate, and in theory to service debt it’s already taken out. It has already put some of the money raised aside to pay those dividends, but that won't last forever. With the book value of its assets dropping more than $17 billion in the past year, the fund’s ability to keep borrowing to cover those requirements will diminish.There are bound to be investors who believe in founder Masayoshi Son’s long-term plan to build a stable of companies that will change the world and provide  huge profits in the process. After all, many have already bought into SoftBank Group itself, which counts the Vision Fund as a key earnings driver (or drag).Given how illiquid the assets are, and the volatile nature of its earnings, a listing of the Vision Fund would certainly be seen as a bizarre move. But to Son and his acolytes, it may well be seen as visionary.(1) Non-recourse means that if the debt can't be paid, or other clauses are triggered, the creditor may take ownership of the pledged asset rather than forcing the debtor to pay up.(2) A portion of Arm shares are held by the Vision Fund, transferred from SoftBank as an in-kind payment to cover SB's obligations to the Fund.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom: WSJ
    Reuters

    SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom: WSJ

    SoftBank Group Corp is in talks to sell "a significant portion" of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday, citing unidentified sources. A deal would see Deutsche Telekom's stake in the carrier, which merged with SoftBank's wireless unit Sprint last month, rise above 50%, the report said.

  • SoftBank Doubles Buyback Plans While Jack Ma Leaves Board
    Bloomberg

    SoftBank Doubles Buyback Plans While Jack Ma Leaves Board

    (Bloomberg) -- SoftBank Group Corp. doubled the amount it plans to spend buying back shares and announced changes to its board, including the resignation of long-time director Jack Ma.The company plans to repurchase as much as 500 billion yen ($4.7 billion) worth of its own stock by March 2021, it said in a statement. That’s on top of an equally sized repurchase it had announced in mid-March.The Tokyo-based company also announced several changes to its board, including the departure of Ma, the co-founder of Alibaba Group Holding Ltd. Three new directors have been nominated, including Chief Financial Officer Yoshimitsu Goto. SoftBank shares rose as much as 3%.SoftBank, led by founder Masayoshi Son, is buying back shares to bolster its stock price after its portfolio of startup investments lost value. The company expects to book a record 1.35 trillion yen operating loss for the year ended March 31 when it reports financial results Monday afternoon in Tokyo. After aggressively investing in startups in recent years, SoftBank is marking down the value of stakes in companies such as WeWork, Oyo Hotels and Uber Technologies Inc.“The buyback announcement is a surprise, given the slew of low expectations and bad news,” said Justin Tang, head of Asian research at United First Partners.SoftBank plans to fund the buybacks in part through the sale of stakes in Alibaba and T-Mobile US Inc., Bloomberg News has reported. SoftBank is now in talks to sell a “significant portion” of T-Mobile US to controlling shareholder Deutsche Telekom AG, Dow Jones reported.The company said on Friday that it had bought 250.6 billion yen of its own stock since March 13 under the original re-purchase plan, about half of the 500 billion yen budget.Read more: SoftBank’s $23 Billion Buyback Helps Investors Ignore Profit HitThat first buyback, announced in mid-March, initially failed to lift SoftBank’s stock amid concerns the conglomerate’s portfolio of startups is vulnerable to the economic shock from the coronavirus pandemic. When the shares plunged more than 30% in the week that followed, Son took an unprecedented step to unveil a broader plan to repurchase as much as 2 trillion yen, without detailing the timing. The latest announcement is part of that broader plan.“Son is also sending a message that he is serious about funding that 2 trillion yen buyback he announced in March,” Tang said.The stock gained almost 70% since SoftBank said it plans to sell assets to raise as much as 4.5 trillion yen over the coming year to buy shares and slash debt.Read more: SoftBank Heads for Record Loss After $80 Billion Startup SpreeThe company’s Vision Fund business, focused on technology investments that contributed more than half of its reported profit a year ago, has swung to a projected 1.8 trillion yen loss. The company’s overall net loss will likely reach 900 billion yen.Son’s increasingly risky bets over the past few years coincided with departures from SoftBank’s board of some of it most outspoken members. Shigenobu Nagamori, the founder of motor maker Nidec Corp., stepped down in 2017, while Fast Retailing Co. Chief Executive Officer Tadashi Yanai left last December. When Paul Singer’s Elliott Management Corp. disclosed in February that is has built a stake of close to $3 billion in SoftBank, one of its requests was to increase the number of independent directors.Ma’s departure is a historic moment since he and Son have sat on each other’s boards for years. Alibaba is regarded as Son’s most successful investment. In addition to Goto, a long-time SoftBank veteran, Lip-Bu Tan and Yuko Kawamoto will join, bringing the total of external board members to four.Tan is a founder and chairman of Walden International, a venture capital firm based in San Francisco, and CEO of Cadence Design Systems Inc. He holds a master’s degree in nuclear engineering from the Massachusetts Institute of Technology and received an MBA from the University of San Francisco.Kawamoto is a professor at Waseda University whose subjects include corporate governance. She holds a bachelor’s degree in social psychology from the University of Tokyo, a master’s degree in development economics from Oxford University and spent years working at McKinsey & Co. Kawamoto will be SoftBank’s sole female board member.(Updates with details of asset sales in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • What does the future hold for the Deutsche Telekom Ag share price?
    Stockopedia

    What does the future hold for the Deutsche Telekom Ag share price?

    The Deutsche Telekom Ag (ETR:DTE) share price has risen by 9.43% over the past month and it’s currently trading at 13.78. For investors considering whether to8230;

  • Deutsche Telekom Confirms Guidance as Virus Impact Limited
    Bloomberg

    Deutsche Telekom Confirms Guidance as Virus Impact Limited

    (Bloomberg) -- Deutsche Telekom AG said the hit to its finances from the pandemic, such as through store closures and reduced roaming revenues, will likely be “limited” as revenues from phone services are rising, enabling it to confirm guidance for 2020.The Bonn, Germany-based telecommunications company’s adjusted Ebitda after leases rose 10.2% to 6.5 billion euros ($7 billion) in the first quarter, beating a company-compiled estimate for 6.3 billion euros.The company had previously guided for full-year adjusted Ebitda AL of around 25.5 billion euros.Key InsightsAdjusted Ebitda AL grew 14.5% at T-Mobile US Inc., the biggest contributor to Deutsche Telekom’s total revenues. The division warned last week that the pandemic prevents it from providing a full-year financial forecast, even as it reported profit that exceeded analyst estimates.In Germany adjusted Ebitda AL rose 2.7% as mobile service revenues gained and it added 83,000 new broadband customers, showing the benefit of its fiber-optic network buildout and in its home market to fend off competition; it has also recently inked a sales deal for TV content from Walt Disney Co.Revenues rose 2.3% to 19.9 billion euros, a 2.3% gain from a year earlier but just short of consensus estimates for 20.1 billion euros.T-Mobile is now integrating its $26.5 billion acquisition of Sprint, completed in April, and will report consolidated figures in the second quarter.Market ReactionDeutsche Telekom shares rose 0.8% in early trading, and are down 6.5% so far this year. Get MoreDeutsche Telekom Ponders European M&A After $26.5 Billion Deal(Updates with shares under Market Reaction)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Deutsche Telekom, resilient against coronavirus, confirms outlook, dividend
    Reuters

    Deutsche Telekom, resilient against coronavirus, confirms outlook, dividend

    Europe's largest telco reported double-digit profit growth in the first quarter, echoing competitor Vodafone's solid annual results this week even as Telefonica and BT have struggled. Deutsche Telekom reported a 10.2% increase in first-quarter core profit to 6.54 billion euros (5.79 billion pounds), beating the median forecast of 6.3 billion euros in its own survey of analysts. Profit growth outstripped a 2.3% rise in revenue as margins were lifted by higher call and data volumes as well as lower customer churn, offsetting the impact of store closures, lower roaming revenues and delays to IT projects.

  • Telefonica, Liberty to Weigh O2, Virgin Merger in U.K
    Bloomberg

    Telefonica, Liberty to Weigh O2, Virgin Merger in U.K

    (Bloomberg) -- Telefonica SA and billionaire John Malone’s Liberty Global Plc are exploring a combination of their U.K. operations, people with knowledge of the matter said, in a deal that would reshape the British telecommunications industry.The companies are discussing bringing together Telefonica’s O2 wireless unit and Liberty Global’s Virgin Media business, according to the people, who asked not to be identified because the information is private. If they reach an agreement, a transaction could be announced as soon as next week, the people said.Liberty Global’s class A shares rose almost 15% in New York trading Friday, while Telefonica’s American depositary receipts closed up 6.4%.A tie-up would add to a long history of dealmaking by Malone, who earned the nickname “Cable Cowboy” while at the forefront of the American pay-television industry in the 1990s. Combining forces in the U.K. would help Telefonica pare its debt and deliver on a new strategy meant to streamline its global empire.The potential deal would be the biggest in the U.K. telecommunications industry since 2015, when former monopoly BT Group Plc agreed to buy mobile operator EE Ltd. for 12.5 billion pounds ($16 billion), according to data compiled by Bloomberg.Telefonica is scheduled to announce its first-quarter earnings on May 7. No final decisions have been made, and talks could still fall apart or be delayed, the people said.A representative for Telefonica declined to comment. A spokesperson for Liberty Global couldn’t immediately be reached for comment.New Street Research valued a potential takeover of O2 UK at $15.8 billion, assuming 50% of the 5.2 billion pounds in cost savings of combining with Virgin goes to O2 owner Telefonica.“This deal has been mooted for a while, and makes a lot of sense given the trend toward fixed and wireless network convergence,” said Matthew Howett, founder of London-based analyst firm Assembly Research.A deal that brings together a fixed-line operator with a mobile provider is more likely to be approved by regulators than mobile-to-mobile consolidation, Howett said. “It doesn’t reduce competition in mobile, and preserves the four-player market that Ofcom and others have been committed to,” he said, referring to Britain’s telecommunications regulator.Mobile, TelevisionThe discussions come at a time when dealmaking has been crippled globally by the coronavirus pandemic. April was the worst month for deals globally since 2004, with a smaller volume of announced deals than even in the depths of the global financial crisis. The potential transaction would be the largest since the Covid-19 outbreak.O2, a pure-play wireless carrier, had 34.5 million customers using its network at the end of December, according to the company. O2 reported 7.1 billion euros ($7.8 billion) of revenue last year, accounting for about 15% of Telefonica’s total, data compiled by Bloomberg show.The talks mark another attempt by Telefonica to pursue a deal involving its O2 unit. In 2016, European antitrust regulators blocked Telefonica’s planned $15 billion sale of the business to billionaire Li Ka-shing’s CK Hutchison Holdings Ltd., the owner of rival operator Three.Virgin Media offers pay-television, broadband, and phone packages in the U.K. It also sells mobile services that run on BT’s network. That partnership is set to shift to Vodafone Group Plc when the current agreement runs out late next year.Liberty Global generated almost 40% of its revenue from Virgin Media last year, according to data compiled by Bloomberg. It bought the business in 2013 through a cash-and-stock deal valued at about $16 billion at the time of announcement.Restructuring PlanTelefonica announced a restructuring plan in November that will see it focus on four main markets, including the U.K., while scaling back its presence in Latin America. The Madrid-based company also said at the time it was looking to monetize some infrastructure assets and would take an “open approach” to deals.Malone made his name selling cable provider Tele-Communications Inc. to AT&T Inc. for $48 billion in 1999. He pursued a decade of rapid expansion in the European telecommunications industry with Liberty Global starting in 2005 before making a series of divestments in recent years.Liberty Global last year completed the sale of its German and eastern European operations to Vodafone Group Plc for 18.4 billion euros ($20 billion). The group also offloaded its satellite TV unit and sold its Austrian division to Deutsche Telekom AG in 2018. Another deal to sell Liberty Global’s Swiss business to Sunrise Communications AG fell apart last year following opposition from the buyer’s largest shareholder.In 2018, Liberty Global spun off some of its operations to form a separate vehicle called Liberty Latin America Ltd. That company then pursued a takeover of rival regional carrier Millicom International Cellular SA, though talks fell apart after the parties failed to reach an agreement on valuation.(Updates with analyst estimates in eighth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Upbeat broker recommendations for Deutsche Telekom Ag
    Stockopedia

    Upbeat broker recommendations for Deutsche Telekom Ag

    The Deutsche Telekom Ag (ETR:DTE) share price has risen by 11.7% over the past month and it’s currently trading at 13.405. For investors considering whether to8230;

  • Germany Taps SAP, Deutsche Telekom for Contact Tracing App
    Bloomberg

    Germany Taps SAP, Deutsche Telekom for Contact Tracing App

    (Bloomberg) -- The German government has brought in SAP SE and Deutsche Telekom AG to help develop an app to trace Covid-19 infections as European governments look to national champions to help build solutions to the pandemic.“Deutsche Telekom and SAP will play their part in Germany and throughout Europe to ensure that European digital technologies are a central component in the effective fight against coronavirus,” SAP said Monday in an email.Other parties will also be involved in the creation of the app, a person familiar with the situation said, without giving names of the other parties involved. SAP referred questions on the status of the project to the government.Governments have been debating how to monitor citizens to help slow the spread of the virus, using home-built systems or building on top of a framework created by Apple Inc. and Alphabet Inc.’s Google. In the U.K., the National Health Service said Monday that it would build its own app, joining countries like Australia and Singapore.Germany said Sunday it would opt for a decentralized solution to help monitor those who have contracted Covid-19 and alert people who have come into contact with the infected patients. A group of German startups also had been in talks with the government about developing an app that would help trace people who have been exposed to the virus.Under a decentralized system, contact-tracing apps collect anonymous data about nearby mobile phones using Bluetooth technology through tools such as those being built by Apple Inc. and Alphabet Inc.’s Google. Once an infection is confirmed, that information is sent to a server. People with devices using the app could learn if they had been in proximity to a confirmed infection without revealing the patient’s identity.“A decentralized solution would create more trust among users,” Steffen Seibert, spokesman for Chancellor Angela Merkel, said Monday.Germany’s decision throws weight behind proponents of that approach who’ve clashed with supporters of a centralized method, which, by contrast, could allow someone’s contacts to be uploaded to government servers where authorities would then decide who to inform of a possible infection. Privacy supporters have opposed that method, saying it hands too much information to authorities that could be used for other, more malicious reasons after the crisis passes.(Updated with additional context)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Introducing Deutsche Telekom (ETR:DTE), The Stock That Dropped 26% In The Last Five Years
    Simply Wall St.

    Introducing Deutsche Telekom (ETR:DTE), The Stock That Dropped 26% In The Last Five Years

    Since the legendary Jack Bogle pioneered the sector, you can now buy low cost index funds to achieve an approximation...

  • EQS Group

    DGAP-DD: Deutsche Telekom AG english

    Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 09.04.2020 / 14:00 The issuer is solely responsible for the content of this announcement. 1\. Details of the person discharging managerial responsibilities / person closely associated a) Name Title: First name: Adel Last name(s): Al-Saleh 2\. Reason for the notification a) Position / status Position: Member of the managing body b) Initial notification 3\. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Deutsche Telekom AG b) LEI 549300V9QSIG4WX4GJ96 4\. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code Type: Share ISIN: DE0005557508 b) Nature of the transaction Purchase of shares to satisfy obligations from Deutsche Telekom AG’s Share Matching Plan for Board of Management members. c) Price(s) and volume(s) Price(s) Volume(s) 12.2250 EUR 223521.90 EUR 12.2300 EUR 173861.68 EUR d) Aggregated information Price Aggregated volume 12.2272 EUR 397383.5800 EUR e) Date of the transaction 2020-04-08; UTC+2 f) Place of the transaction Name: xetra MIC: XETR * * *09.04.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: Deutsche Telekom AG Friedrich Ebert Allee 140 53113 Bonn Germany Internet: www.telekom.com End of News DGAP News Service

  • Bloomberg

    Deutsche Telekom Ponders European M&A After $26.5 Billion Deal

    (Bloomberg) -- After closing an industry-altering U.S. wireless deal, Deutsche Telekom AG’s Chief Executive Officer Tim Hoettges now wants to change telecommunication markets closer to home. Europe’s phone industry needs mergers if it wants to build the kind of superior infrastructure needed to compete with bigger rivals in Asia and the U.S., Hoettges said Wednesday. He indicated he’s willing to get the German carrier involved in M&A to achieve that goal. “Europe is too fragmented,” Hoettges said in a phone interview. “Wherever I see a deal or an opportunity for European market consolidation that’s convincing, then I would always look at that with the partners.”Deutsche Telekom’s U.S. unit T-Mobile US Inc. on Wednesday completed its $26.5 billion acquisition of Sprint Corp. after a years-long saga that included a standoff with antitrust officials and a court battle with U.S. states. Hoettges pushed for the combination for years to give the company a stronger vehicle to expand in the profitable U.S. market. T-Mobile’s importance for Deutsche Telekom has grown steadily and it now accounts for about half of sales, up from around a third in 2014.“Our goal is to become the number-one in the U.S. market,” Hoettges said.T-Mobile and Sprint scrapped a previous plan to merge in 2014 after meeting resistance in Washington. Their second attempt failed in late 2017 when Hoettges and Masayoshi Son, the chairman of Sprint’s parent company SoftBank Group Corp., couldn’t agree on how to structure control of the combined entity, people familiar with the matter said at the time.Hoettges brought the merger back from the dead a few months later. On Jan. 1, 2018, he took out his phone and tapped out an SMS to Son, wishing him a happy New Year and expressing regret that the merger hadn’t happened. It reignited a conversation that culminated in Wednesday’s deal.It frees Hoettges to focus on markets in Europe, where more than 100 wireless carriers vie for airwaves and customers. Outside Deutsche Telekom’s business in Germany, where it competes with Vodafone Group Plc and Telefonica SA, Deutsche Telekom has units in countries from Poland to the Netherlands and Romania.“Of course I was very much focused on America,” Hoettges said. “But I will work with verve on changing the regulatory and antitrust-law framework” in Europe to help bring about the consolidation the region needs, he said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Vodafone, Deutsche Telekom, 6 other telcos to help EU track virus
    Reuters

    Vodafone, Deutsche Telekom, 6 other telcos to help EU track virus

    Vodafone, Deutsche Telekom, Orange and five other telecoms providers have agreed to share mobile phone location data with the European Commission to track the spread of the coronavirus, lobbying group GSMA said on Wednesday. The companies, including Telefonica, Telecom Italia , Telenor, Telia and A1 Telekom Austria met with EU industry chief Thierry Breton on Monday. The Commission will use anonymised data to protect privacy and aggregate mobile phone location data to coordinate measures tracking the spread of the virus, an EU official said.

  • Vodafone, Deutsche Telekom, six other telcos to help EU track virus
    Reuters

    Vodafone, Deutsche Telekom, six other telcos to help EU track virus

    Vodafone , Deutsche Telekom , Orange and five other telecoms providers have agreed to share mobile phone location data with the European Commission to track the spread of the coronavirus, lobbying group GSMA said on Wednesday. The companies, including Telefonica , Telecom Italia , Telenor , Telia and A1 Telekom Austria met with EU industry chief Thierry Breton on Monday. The Commission will use anonymised data to protect privacy and aggregate mobile phone location data to coordinate measures tracking the spread of the virus, an EU official said.

  • Bloomberg

    After Scrapping Mobile World Congress, Organizer Offers Refunds

    (Bloomberg) -- The organizer of the world’s biggest mobile technology conference, MWC 2020 in Barcelona, will offer refunds or discounts to future gatherings to the tens of thousands of attendees and companies that had paid to attend February’s canceled event.MWC was an early major casualty of the coronavirus pandemic, and it had never been scrapped in its 33-year history. By removing it from the calendar, telecom heavyweights lost a significant opportunity to generate marketing buzz around their latest wares. The industry’s biggest players often spend tens of millions of dollars to exhibit at the show, and smaller ones pay in the hundreds of thousands.On Wednesday the GSMA, the trade body for the mobile technology industry, said in a statement it will offer full refunds to all attendees for the cost of their tickets, which cost 799 euros ($865) for a basic admissions pass. For large exhibitors, the GSMA wants to incentivize discounts on attending the show in future years as an alternative to claiming large refunds.Mats Granryd, the director general of the GSMA, said in an interview with Bloomberg at the time MWC was canceled that the trade body was “looking for solidarity” and everybody bearing their own costs.It looks like that may be happening, to some extent. Some large operators have already expressed to the GSMA their intention to participate in MWC next year, according to a person with direct knowledge of the situation. These include Orange SA, Telefonica SA, Vodafone Group Plc and NTT Docomo.Larger companies will get the option of receiving a credit worth 125% of what they paid to exhibit at this year’s show, which will be applied as a 65% discount on the cost of attending next year, plus 35% and 25% discounts on the two subsequent years respectively.Alternatively, they can claim refunds equivalent to 50% of their spend for MWC 2020, up to a maximum of 150,000 pounds ($178,000).For smaller exhibitors -- those who spent up to 5,000 pounds -- a full refund will be offered. However, these firms can also opt to waive a refund and instead be granted a 125% credit and three years of discounts.Companies that had canceled their attendance prior to the GSMA calling of the show will be offered credits and discounts, but not cash refunds.The GSMA’s board is made up of executives from a number of the world’s biggest operators, including Vodafone and Deutsche Telekom AG, who agreed to the initial cancellation. The GSMA isn’t expecting its operator members to seek refunds.About 80% of the GSMA’s annual budget is derived from the money it generates from MWC Barcelona, according to two people familiar with the group’s budget.But internally, executives don’t consider the cancellation of MWC 2020 and Wednesday’s offer of refunds to be an existential threat, according to an executive with direct knowledge of board-level conversations who didn’t want to be named discussing private matters.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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    Simply Wall St.

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  • Reuters - UK Focus

    YouTube to reduce streaming quality in Europe due to coronavirus

    Alphabet Inc's YouTube said on Friday it will reduce its streaming quality in the European Union to avert internet gridlock as thousands of Europeans, constrained by the coronavirus outbreak, switch to working from home. YouTube is the second company after Netflix to act after EU industry chief Thierry Breton urged streaming platforms to cut the quality of their videos to prevent internet overload. The move came after Breton spoke to Alphabet CEO Sundar Pichai and YouTube CEO Susan Wojcicki.

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