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Deutsche Telekom AG

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  • LONDON, June 19- Vodafone has recruited Hannes Ametsreiter, the outgoing chief executive of Telekom Austria, to run its German business, the firm's biggest market where it is struggling in the face of fierce competition. Vodafone is in fierce competition with Deutsche Telekom in Germany where the former state monopoly is regaining market share thanks to...

  • NEW YORK/ FRANKFURT, June 17- U.S. cable company Comcast Corp is not interested in buying wireless carrier T-Mobile US, a person familiar with the situation said on Wednesday. Manager Magazin of Germany, citing sources, had said earlier that the largest U.S. cable operator was in talks with T-Mobile US parent Deutsche Telekom AG about buying the No. 4 U.S. wireless...

  • *Vodafone, Liberty in early talks on asset swap. COLOGNE, Germany, June 12- Liberty Global and Vodafone believe European regulators have become more relaxed about possible consolidation in the cable industry, the heads of their German cable businesses told Reuters, as the groups discuss an asset swap. We see that politicians support this trend in order to...

  • FRANKFURT, June 8- German regional wireless operator Airdata has challenged the EU's approval of Telefonica Deutschland's 8.6 billion euro acquisition of E-Plus, saying concessions offered to allay competition concerns did not go far enough. The takeover completed last year reduced the number of national mobile carriers in Germany to three from four,...

  • UPDATE 1-German regulator expects "lively" mobile auction Wednesday, 27 May 2015 | 8:34 AM ET

    FRANKFURT/ MAINZ, Germany, May 27- Germany started an auction of radio frequencies for mobile phone network operators, hoping to raise billions of euros to help improve a national broadband network that has fallen behind those of poorer countries such as Hungary, Portugal and Spain. "The auction will point the way for the development of mobile services in Germany,"...

  • Germany opens the bidding for mobile phone airwaves Tuesday, 26 May 2015 | 7:01 PM ET

    FRANKFURT, May 27- Germany starts an auction of radio frequencies for mobile phone network operators on Wednesday, hoping to fill state coffers with billions of euros which it plans to use to help improve the country's fast broadband network. Fifteen years later and the number of network operators competing for the mix of 4 G frequencies has been reduced from...

  • *London and Wall St closed for holiday on Monday. LONDON, May 22- European shares slipped off three-week highs on Friday, with luxury goods group Richemont falling on weak sales, while a rebound in the euro also pegged back the region's stock markets. European equities have rallied this year on the back of a government bond buying programme and record low interest...

  • *Vodafone shares gain, Richemont slips. European Central Bank President Mario Draghi and Bank of England Governor Mark Carney, along with other central bankers, will be addressing an ECB Forum in Portugal later in the day. Attention will also fall on Federal Reserve Chair Janet Yellen, who is due to speak on the U.S. economic outlook before the Greater Providence...

  • *Says it is company's duty to improve return of T-Mobile US. COLOGNE, Germany, May 21- Deutsche Telekom will consider any partner that can improve profitability at its U.S. operations, its chief executive told the company's annual shareholders meeting. Chief Executive Tim Hoettges said on Thursday T-Mobile US, of which Deutsche Telekom owns 66 percent, was in much...

  • LONDON, May 19- Britain's Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe's mobile market is edging towards recovery. That follows updates from the likes of Telefonica and Deutsche Telekom which also showed signs of gradual, if slow, improvement in Europe. Vodafone, which has 446...

  • LONDON, May 19- Britain's Vodafone posted a rise in quarterly sales for the first time in nearly three years on Tuesday in the clearest sign yet that Europe's mobile market is edging towards recovery. The full-year results follow updates from the likes of Telefonica and Deutsche Telekom which also showed signs of gradual, if slow, improvement.

  • UPDATE 2-Deutsche Telekom Q1 helped by weak euro, U.S. Wednesday, 13 May 2015 | 2:41 AM ET

    FRANKFURT, May 13- Deutsche Telekom beat expectations with an 11 percent rise in quarterly profit helped by its U.S. operations and the weak euro. Profit was helped by proceeds of 175 million euros from an out-of-court settlement with Liberty Global's German unit Unitymedia over the acquisition of KabelBW. Europe's largest telecoms operator by revenue said...

  • FRANKFURT, May 13- Deutsche Telekom reported an 11 percent rise in quarterly core profit, helped by the weak euro and its U.S. operations. "It has been some time since we have seen positive indications for revenue and earnings in our industry," said Deutsche Telekom's Chief Executive Tim Hoettges in a statement. Last month T-Mobile US, which is 66 percent owned by...

  • European stocks boosted by telecoms, China stimulus Monday, 20 Apr 2015 | 11:54 AM ET

    *Telenet, KPN shares rise after Belgian deal. LONDON, April 20- European shares made a positive start to the week on Monday, thanks to deal-making in the telecoms sector and stimulus from China, though gains were not enough to entirely erase the losses from Friday's sharp sell-off. Volkswagen, the only German blue-chip stock to fall, was depressed after Scania order...

  • *Telenet, KPN rise after Belgian deal. LONDON, April 20- European shares got the week off to a positive start on Monday, thanks to deal-making in the telecoms sector and stimulus from China, though it was not enough to erase the losses from Friday's sharp sell-off. Telecoms stocks including Belgacom, Deutsche Telekom and Numericable were up 2 to 3 percent after...

  • DUESSELDORF, Germany, March 30- Latecomers to the digital age, big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. More than half of the firms on Germany's blue-chip DAX index trace their roots back to the 19th century or earlier.

  • Germany sets quotas for women on company boards Saturday, 7 Mar 2015 | 12:54 AM ET
    Manuela Schwesig (R), German Minister of Family Affairs, Senior Citizens, Women and Youth, speaks with German Chancellor Angela Merkel during a session at the Bundestag (lower house of parliament) on March 5, 2015 in Berlin.

    Germany's parliament passed legislation on Friday requiring major companies to allot 30 percent of seats on non-executive boards to women.

  • BERLIN, March 6- Germany's lower house of parliament passed legislation on Friday requiring major companies to allot 30 percent of seats on non-executive boards to women, as a new survey found females remain grossly under-represented in business life. Although Germany has been led by a woman, Angela Merkel, since 2005, there is not a single female chief...

  • The chief executives of Vodafone and Deutsche Telekom said on Monday at the Mobile World Congress in Barcelona that network operators needed to give special treatment to data for new services like connected cars and smart electricity meters to ensure that they functioned properly. "We favour net neutrality, but we need to be allowed to have quality classes to...

  • *Vodafone, alternative ops warn on "re-monopolisation". Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector. Deutsche Telekom Chief Executive Tim Hoettges attributed the rebirth...