DT Venturing – Page 9
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Venturing & Investments
Deutsche Telekom TIPs more cash into SME security player Cynet
$40m total funding raised in Series-C round. DT adds another undisclosed sum to startup’s funding pot, with latter eyeing growth opportunities.
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M&A
T-Mobile US casts off from Sprint remnant Tidal
New majority owners for Jay-Z-founded music business after artist reportedly buys back T-Mobile’s stake.
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Partnerships & Alliances
‘Techmaker’: DT’s South Korean 5G JV surfaces
New venture’s executive team to build 5G innovation pipeline from South Korea to Europe. JV initially aims to build go-to-market around 5G in-building solutions, and then spread to import and development of other systems. Working name chimes with mandate to commercialise Asian 5G tech in western markets.
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Partnerships & Alliances
Hrvatski Telekom connects Split
HT and IT services subsidiary Combis take home smart-city platform contract, building digital transformation service for the City.
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M&A
Germany mulls selling stake in Deutsche Telekom
Coalition government considers “scaling back” state holdings in various companies, including Deutsche Telekom. Pandemic-induced financial pressures taking their toll.
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Venturing & Investments
Sitetracker: DT backs Vodafone scale-up partner
High-volume project management platform provider Sitetracker raises $42m in latest funding round, with Deutsche Telekom-backed TIP fund in the mix. Sitetracker topped off 2020 with Vodafone Supplier Awards win.
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Partnerships & Alliances
DT teams with Cellnex for European tower expansion
Two groups firm up relationship following a long courtship. Dutch unit T-Mobile Infra to be DT’s anchor investment in new Digital Infrastructure Vehicle. Move releases DT to join European TowerCo gold rush, but while keeping options open on future ownership of its own infrastructure assets.
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M&A
Credit Suisse to lead Hrvatski Telekom’s Optima exit
Investment bank brought in to lead stake sale for Hrvatski Telekom and ZABA, with deadline of mid-2021 looming. Contractual obligations satisfied, but divestment not yet complete.
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M&A
DT said to be upping ante on Dutch sale talks
Possible sale of T-Mobile Netherlands could square with long-rumoured plan to buy KPN in order to bolster the Group’s convergence strategy.
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M&A
Viasat buys out T-Mobile partner RigNet
Maritime connectivity provider RigNet acquired by satellite specialist Viasat in $222m deal. T-Mobile US partnered with RigNet in July 2019, but COVID-related issues have pegged back progress.
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M&A
T-Mobile ties up another Sprint loose end with Swiftel buy
US NatCo buys Sprint-branded wireless assets operated by Swiftel Communications, leaving Shentel as the last remaining Sprint affiliate.
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Partnerships & Alliances
Deutsche Telekom gets wind of energy startup MOWEA
DT taps MOWEA to help meet renewable energy ambitions and challenges of getting power to 5G sites. MOWEA previously tied with Vodafone Germany.
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Partnerships & Alliances
T-Mobile CZ makes convergence push with CETIN tie-up
NatCo ramps up FTTH rollout with infrastructure-build tie-up. Another convergence add-on for mobile-centric operator.
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Partnerships & Alliances
T-Mobile MONEY partner banks contract extension
White label banking provider BankMobile flags the success of its T-Mobile partnership as a contract extension is signed and Sprint customers added. Vendor aims to add another “large” partner due in 2021.
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Venturing & Investments
Weaveworks sews up Deutsche Telekom funding
Group taps Telekom Innovation Pool to join in on Series-C round with several big industry names. Weaveworks, creator of Kubernetes platform GitOps, takes total funding to $60m. TIP investment suggests Deutsche Telekom partnership could extend beyond mere fiscal support.
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Venturing & Investments
Deutsche Telekom reveals first Campus Network Program members
Robotics players first to win places in Deutsche Telekom’s Industry 4.0 innovation scheme. Solutions to emerge from hubraum programme could be integrated with Group products. DT’s partner ecosystem steadily growing.
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Partnerships & Alliances
T-Systems joins GAIA-X Automotive Alliance
T-Sys joins five others in cloud-based GAIA-X supply chain project. Investment in vehicle market interoperability and sustainability.
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M&A
DT pulls Romanian fixed-line plug but marooned in mobile
Group’s fixed-line assets in Romania currently worth just under €0.5m. Romanian footing remains, with TRMC still falling under DT’s convoluted structure — for now.
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Venturing & Investments
Deutsche Telekom’s EAN co-pilot gets cash boost
Investor vote of confidence in SkyFive, which provides the European Aviation Network — backed by Deutsche Telekom — with air-to-ground kit.
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Venturing & Investments
Sky high: DT backed AppsFlyer ups valuation to $2bn
Mobile attribution player earns Salesforce Ventures investment, extending DTCP-backed Series-D round earlier this year. Startup becomes double unicorn, revenue also heading in the right direction.