Fri, Aug. 26, 1:13 PM
- Inmarsat (OTCPK:IMASY) and Deutsche Telekom (OTCQX:DTEGY) are teaming to give significantly higher Internet speeds to European air travelers, one of three deals aiming to help Europe catch up to the U.S. on airborne wireless.
- The two will combine their satellites and ground towers to get connectivity to some Lufthansa flights, in what they say is a seamless service approach at lower cost than those relying on one or the other approach.
- ViaSat (NASDAQ:VSAT) is planning an entry it says will be even faster than the Inmarsat/Deutsche Telekom offering after it launches new satellites in 2017 and 2019, though Inmarsat thinks price is the key for consumers: “Wi-Fi on board will be free, and telcos and airlines will offer it as an add-on in five to 10 years’ time in order to gain passenger loyalty,” says CEO Rupert Pearce.
- Panasonic (OTCPK:PCRFY) also plans to increase coverage with the launch of its own device.
- Travelers can hit up the Internet on about 75% of flights in the U.S., but global penetration for onboard Wi-Fi is around 3%, says Iridium's Brian Pemberton.
Thu, Aug. 11, 11:47 AM
- IPass (NASDAQ:IPAS) has extended a deal with Deutsche Telekom (OTCQX:DTEGY) to offer inflight Wi-Fi to iPass customers on 12 international airlines.
- The airlines include Lufthansa, Aer Lingus, Etihad and American Airlines.
- The deal's now at three years and makes iPass available on 330 long-haul aircraft.
- Deutsche Telekom has more than 30,000 hotspots in Germany that are part of the iPass network.
Thu, Aug. 11, 11:35 AM
- Deutsche Telekom (OTCQX:DTEGY +0.3%) posted core profits up 8.6% in Q2 results boosted by American growth.
- Rapid customer growth at T-Mobile made a "substantial contribution" to net revenue growth of 2.2%. Revenues grew 3.9% on an organic basis (particularly after excluding exchange rates).
- Revenue fell in Germany by 3.1%; it rose by 10.1% in the U.S. In Europe, it fell by 3.2%.
- Mobile customers rose 1.2% to 41.1M in Germany; they rose by 2.9% to 67.4M in the U.S. and were flat in Europe at 52.2M. Fixed-network lines fell 0.6% in Germany, to 19.97M; broadband lines rose 0.5% to 12.77M.
- The company reiterated its outlook for 2016 EBITDA hitting €21B, and free cash flow of about €4.9B.
- Press Release
Fri, Jul. 1, 11:26 AM
- Deutsche Telekom (OTCQX:DTEGY) is looking to sell German mobile towers for what could come to €5B that it could use for network investments, Reuters reports.
- Goldman Sachs and Morgan Stanley have reportedly been hired to organize a sale of thousands of towers for this fall, though depending on interest Deutsche Telekom could sell all, some or none of them.
- It had previously sold its U.S. towers to Crown Castle (NYSE:CCI) in a $2.4B deal. That firm could be interested in the German sale, as could American Tower (NYSE:AMT) and SBA Communications (NASDAQ:SBAC).
- A sale of German towers would be the latest in a series of global infrastructure deals where wireless carriers shed mobile masts in order to cut debt.
Fri, Apr. 8, 12:41 PM
- Deutsche Telekom (OTCQX:DTEGY +0.5%) may take a cue from its customer-stealing U.S. business for its unit in the Netherlands, and reformulate strategy more like T-Mobile US (TMUS -0.8%).
- That would mean an emphasis on disruption and perhaps a similar focus on mobile rather than fixed service. In contrast to T-Mobile's U.S. operation, the Dutch business has been losing customers over the past three years, and with a longtime presence in the market, it isn't ripe for reinvention.
- Other, smaller players like Tele2 have actually claimed the mantle of aggression on price in the Netherlands, while there's hot competition from the recently combined Vodafone (VOD +2.3%)/Liberty Global (LBTYA +1.6%) there, as well as Royal KPN (OTCPK:KKPNY -2.3%).
- DT had floated a sale of T-Mobile Netherlands, but withdrew it as a possibility in February after terms from two bidders didn't rise to its expectations.
- Now read T-Mobile: The Price Of Peace With YouTube Is High »
Tue, Mar. 15, 11:26 AM
- Deutsche Telekom (OTCQX:DTEGY -0.4%) is teaming with Huawei to launch a new public cloud platform, Open Telekom Cloud.
- It would like to make up some ground in a European public cloud market dominated by U.S. players. European customers are increasingly demanding their data stay within EU boundaries (and subject to stronger protection), the company notes.
- The new offering is on-demand, pay-as-you-go service on an OpenStack-based solution. Huawei is providing hardware and software along with technical support.
- Deutsche Telekom and its T-Systems unit have offered cloud solutions since 2005.
Mon, Mar. 7, 12:20 PM
- With the start of a high-profile wireless spectrum auction just three weeks away, T-Mobile (TMUS +1.2%) says in a filing that it's in a deal to issue $2B in senior notes and sell them to parent Deutsche Telekom (OTCQX:DTEGY -0.4%) to build ammo for the sale.
- The carrier can issue the notes (5.3% notes maturing 2021) until Dec. 1 and will use proceeds in the airwaves auction, or for refinancing of debt and general purposes.
- Along with other participants, T-Mobile has no comment about the nature of the auction, but it has said it plans to spend up to $10B. In January 2015's AWS-3 auction, T-Mobile bid $1.8B, well behind leaders AT&T ($18.2B) and Verizon ($10.4B).
Tue, Mar. 1, 9:38 AM
- T-Mobile (NASDAQ:TMUS) is up 1.2% in early going after Deutsche Telekom (OTCQX:DTEGY) reportedly put any sale of its U.S. arm on ice, with a U.S. election on the way and spectrum auction dead period dead ahead.
- Participants in the FCC's broadcast incentive airwaves auction, set to begin at the end of the month, won't be allowed to talk partnerships or mergers during bidding, which could last for months.
- The German giant will wait for a more favorable environment before looking at another sale.
- After a previous attempt to merge T-Mobile and Sprint (NYSE:S) went awry, consensus formed that the two would need to wait until a new post-Obama administration to give a tie-up another thought.
Thu, Feb. 25, 4:28 AM
- AB InBev (NYSE:BUD) served up mixed results, hiking its dividend more than expected but warned of continued challenges in key emerging markets.
- Deutsche Telekom (OTCQX:DTEGY) raised its dividend (for the first time since 2007) on the back of better-than-expected Q4 results, thanks to strength in its U.S. business.
- Seadrill (NYSE:SDRL) soared after beating earnings estimates on cost cuts, while saying it would announce a refinancing plan to tackle its $10B debt in the first half of the year.
- Lloyds (NYSE:LYG) shares also jumped as it hiked its dividend, but more payment protection insurance charges dented its pre-tax profits.
Mon, Feb. 22, 2:52 PM
- Deutsche Telekom (OTCQX:DTEGY +2.1%) has a unique new project on the way: A smartwatch based on a tie-up with musician will.i.am (a k a Black Eyed Peas frontman William Adams).
- The watch -- called "dial" -- will be targeted to European countries and mostly voice controlled, with an understandable focus on music.
- It will have a SIM card embedded, differentiating it from competitors whose watches depend on a smartphone connection.
- DT has an exclusive in some European countries where it already has a presence. Will.i.am has a similar deal with U.K. carrier Three (OTCPK:HUWHY), but no such arrangement with Deutsche Telekom's U.S. unit, T-Mobile (TMUS +1.8%).
Fri, Feb. 19, 11:39 AM
- Deutsche Telekom (OTCQX:DTEGY -0.9%) has suspended plans to sell its Dutch unit after terms from two bidders didn't meet expectations, the Financial Times reports.
- Two suitors had remained for T-Mobile Netherlands -- Warburg Pincus and Apollo -- but DT was looking for more than €3B, and the deal became more difficult with this week's news that Liberty Global (LBTYA -1.1%) and Vodafone (VOD -1.2%) were merging their Dutch operations in a joint venture to create a stronger competitor.
- A deal could be revived in the future, a source said, as DT still wants out of difficult markets where it can't add extra services.
- Previously: Reuters: Warburg Pincus enters fray for T-Mobile Netherlands (Nov. 12 2015)
Fri, Jan. 15, 3:32 AM
- The U.K. Competition and Markets Authority has approved BT's (NYSE:BT) £12.5B acquisition of EE unconditionally, stating the tie-up won't result in a substantial lessening of competition.
- The full deal is set to close on January 29 when Deutsche Telekom (OTCQX:DTEGY) takes a 12% BT stake and Orange (NYSE:ORAN) takes a 4% share stake in the company.
- A Deutsche Telekom representative is also expected to join the BT board imminently.
Mon, Jan. 11, 4:05 PM
- Deutsche Telekom (OTCQX:DTEGY +0.4%) became the last of Germany's three major wireless operators to launch voice over LTE.
- The carrier will offer VoLTE for its customers under contract who are using a compatible smartphone. It won't charge for the feature and offers it for calls to mobile and fixed networks alike.
- O2 and Vodafone launched VoLTE last year.
Thu, Jan. 7, 12:02 PM
- Deutsche Telekom (OTCQX:DTEGY +0.8%) is facing pressures from two major investors -- along with lawmakers in the U.S. and Germany -- over worker treatment at T-Mobile (NASDAQ:TMUS).
- T-Mobile was found to have engaged in illegal work practices in a pair of NLRB cases and its main labor union has accused it of violating worker rights.
- Shareholder APG Asset Management says it's requested an update from DT about T-Mobile's worker treatment; "Based on this, we will consider our position." APG had removed Wal-Mart from its portfolio in 2011, citing working conditions.
- Meanwhile, DT's fourth-biggest shareholder, Norges Bank Investment Management, is also expressing concerns to the company about the issue.
- Members of the U.S. Congress have sent a letter to German Chancellor Angela Merkel asking her to look into the matter, considering Germany's holdings in DT, and a German lawmakers has urged the same.
Dec. 17, 2015, 12:47 PM
- Deutsche Telekom (OTCQX:DTEGY) has lost a government contract in Hungary in a dispute involving pop stars and gender issues.
- Hungary's government said it was canceling its mobile subscriptions with Magyar Telekom, DT's local unit, after the company cut off its sponsorship of Akos Kovacs due to Kovacs' comments about women.
- Kovacs' suggestion that women should raise children rather than seek pay equality with men is "irreconcilable" with Magyar Telekom's values of workplace gender equality, the company said.
- The government's response is drawing criticism over what many see as increasing interference in the private sector (as well as an all-male cabinet).
- Magyar Telekom's local shares closed 2% lower in Budapest.
Nov. 27, 2015, 5:01 PM
- Germany's Supreme Court handed a victory to Deutsche Telekom (OTCQX:DTEGY +0.8%) and Telefonica (TEF +0.7%) in a rights case, but left the door open for holding Internet service providers responsible for blocking sites offering illegal music downloads.
- The court dismissed a pair of cases -- one brought by musical-rights society GEMA against Deutsche Telekom, the other brought by music companies against Telefonica's German unit O2 Deutschland -- saying the plaintiffs hadn't done enough to halt copyright violations in the first place.
- But it went on to rule: "The company that offers Internet access will only be held responsible for blocking the site when the copyright holder has first made reasonable efforts to take action against those who have themselves infringed their rights, like the website operators, or those who have enabled the infringement, like the Web hosting providers."
- This summer, a German court had ruled that YouTube was only responsible for blocking infringing videos when they had been brought to its attention, and wasn't expected to scan every video.
Deutsche Telekom (OTCQX: DTEGY) is one of Europe's leading telecommunications and information technology service companies. Deutsche Telekom is also the parent company of T-Mobile USA, one of four national wireless carriers in the U.S., with 33.7 million customers. In Europe, we are Germany's... More
Industry: Wireless Communications