Deutsche Telekom Deals & M&A – Page 6
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Partnerships & AlliancesDT 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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PremiumSievert blames Dish for CDMA “crisis”
TMUS CEO says Dish should do more to migrate Boost customers from “antiquated” 3G network. Holds firm on shuttering CDMA network on 1 January 2022, despite “grave concerns” expressed by DoJ. Says Dish’s network-sharing deal with AT&T will have no impact on five-year plan.
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PremiumDT 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&ADeutsche 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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M&AHöttges “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.
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Strategy & ChangeHrvatski Telekom set to offload Optima stake
United Group to acquire majority stake in Optima, advancing converged services challenge to HT. Completion expected by end-2021, but deal requires regulatory approvals and changes to the law. Firming-up of agreement would free HT from strange management arrangement.
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PremiumDeutsche Telekom venturing roundup: Innovid; Neo4j; Aircall
DTCP gets busy with investments in graph tech and contact centre-as-a-service; portfolio company Innovid bought out; tech incubator and Apple hunt for IOS AR developers.
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M&ADT-backed Innovid agrees SPAC merger
Legacy T-Venture enters “definitive agreement” to combine with special purpose acquisition vehicle. Trading name to remain “Innovid”. Advertising technology player eyeing further M&A opportunities to fuel growth.
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Strategy & ChangeElsewhere in Deutsche Telekom Group: BT and DT’s uninvited co-pilot
BT and DT gain uninvited new co-pilot; DT’s tooz and Adidas become running buddies.
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M&ADeutsche Telekom smart-buildings partner snapped up
2017 “strategic” investment offloaded by Group. Netherlands’ Planon to subsume Axonize’s IoT platform into wider facilities management product and services suite.
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M&ATele2 ready to pull T-Mobile Netherlands plug
Tele2 Group CEO confirms intent to pivot away from the Dutch market, with focus on its ‘core’ territories. Comments come with DT also pondering options.
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Strategy & ChangeLeroy not rocking boat with FY24 goals
New regional CEO Dominique Leroy marking predecessor Srini Gopalan’s homework, and gives it an ‘A’. Similar plan laid out for Europe in next cycle, to maintain modest forward movement in revenue and earnings through service quality and efficiency improvement. Centralisation and cloudification of systems key targets in segment’s “next ...
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PremiumT-Systems turnaround match goes to a replay
Patience again called for as T-Sys presents COVID-19-afflicted medium-term figures. Chief Al-Saleh wins postponement of positive cash flow target to FY23 as he seeks to realign T-Sys for new normal. More cost cuts coming in IT, infrastructure, and staff as T-Sys seeks to meet expanded savings target. DT wants ...
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Strategy & ChangeHöttges takes swipe at rivals over undisciplined “adventures”
DT Chief Executive indicates that spending billions on sports rights is a risky business. Part-DT-owned BT criticised for stretching itself on football content acquisition.
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Network & InfrastructureDT ready to carve out “kingmaker” tower assets
Deutsche Telekom wants to carve out “all” of its towers across Europe, says CFO Christian Illek. Change in mindset comes following rapid rise in TowerCo valuations. Czech and Slovakian footprint next to be assessed for extraction from NatCos.
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M&ADeutsche Telekom pondering Dutch M&A options
Group appears cold on possibility of buying out junior partner in T-Mobile Netherlands when options open up in January 2022. New tie-up or sale flagged as likelier outcomes.
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Strategy & ChangeElsewhere in T-Mobile US: 3G sunset backlash
MVNO decries 3G shutter plans; prospective merger partner makes cuts to workforce.
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PeopleT-Mobile execs fill pockets after Sprint merger success
SEC filings show a bumper pay-day for new CEO Sievert and CFO Osvaldik. Predecessors Legere and Carter picked up sizable severance packages.
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M&Ahubraum-backed Flexperto sold to RGI
The software provider, one of hubraum’s first investments, is acquired by insurance tech specialist RGI Group. Communications SaaS provider Flexperto claims to have seen significant growth during lockdowns.
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Network & InfrastructureT-Mobile Netherlands bulks up on fibre via new KKR venture
Dutch NatCo builds on Primevest investments as first anchor tenant of Open Dutch Fiber. New fibre venture taps former CEO and CCO of Vodafone Germany partner Deutsche Glasfaser. Move raises further questions over Group plans for its Dutch business.