Deutsche Telekom seeks 100% stake in T-Online for â¬3bn
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LONDON, October 11  - Deutsche Telekom AG (DTE.ETR) has offered to buyback the remaining stake in its Internet services subsidiary, T-Online International AG, for about â¬3 billion ($3.
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German telecoms giant Deutsche Telekom is considering selling its French Internet access provider Club Internet.
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(InfoWorld) - The European Commission gave the go-ahead for theÂ â¬675 million saleÂ ($887 million) of AOLâs German Internet service provider to Telecom Italia on Wednesday, after a month-long probe of the deal. "The Commission's examination of the proposed transaction showed that the horizontal overlaps between the activities of Telecom Italia and AOL in Germany (i.e. broadband and narrowband Internet access services) are limited and that the combined firm would continue to face a number of strong, effective competitors, notably the incumbent Deutsche Telekom," the Commission said in a statement. Time Warner has beenÂ retreating from AOL's Internet access businessÂ in Europe, where its subscriber numbers have been declining. In September it agreed to sell its French operation to Neuf Cegetel for â¬288 million, and has beenÂ in talks with suitors in the U.K., including satellite TV broadcaster British Sky Broadcasting Group. The company has about 5.9 million customers for its three European divisions, in the U.K., France and Germany. For Telecom Italia, the deal is part of a reorganization away from telephony towards broadband Internet access. Buying AOL Germany will help consolidate its broadband access service in Europe, the company said recently. The move would make the company the second largest Internet access provider in Germany with over 3 million subscribers, it said. Under the deal's terms, AOL will provide Telecom Italia with co-branded entertainment services to all of its residential customers for five years. AOL will also retain responsibility for all online advertising, also for five years.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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By MATT MOORE  FRANKFURT, Germany - Time Warner Inc. is giving up its foothold in one of the fastest-growing markets for broadband Internet access with a deal to sell AOL Germany's Internet access business to Telecom Italia SpA for about $870 million.
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Congster, nuovo marchio di T-Online International, divisione di Deutsche Telekom (Germania), ideato per lÂ´internet a basso costo si presenta sul mercato con unÂ´ offerta molto competitiva: un abbonamento ADSL a soli 3,99 euro al mese.
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(InfoWorld) - Telecom Italia will acquire the Internet access unit of AOL in Germany for â¬675 million ($853.5 million) in cash, the two companies announced Sunday. The move comes amidst a reorganization by Telecom Italia that saw a failed bid to sell its mobile phone unit last week and the resignation of Chairman Marco Tronchetti Provera Friday. AOL's parent company, Time Warner, has been eager toÂ dispose of its ISPs, where its subscriber numbers have been declining. Telecom Italia made the buy in order to consolidate its broadband access service in Europe, the company said. The move would make the company the second largest Internet access provider in Germany with over three million subscribers, it said. Under the deal's terms, AOL will provide Telecom Italia with co-branded entertainment services to all of its residential customers for five years. AOL will also retain responsibility for all online advertising, also for five years. The deal is expected to close in four to six months and is subject to regulatory approval.
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Indian conglomerate Tata plans to buy a stake in a high-tech unit of Germany's Deutsche Telekom which would see thousands of jobs outsourced, according to a German weekly newsmagazine.
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Germany is selling a 4.45 billion-euro ($5.5 billion) stake in Deutsche Telekom AG, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds European Union limits.
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T-Mobile USA, owned by Deutsche  Telekom AG , said on Tuesday it would offer unlimited  text messaging and voice calls for $99.99 a month, starting on  Thursday February 21.
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German telecommunications giant Deutsche Telekom said Wednesday that it has no plans to sell its IT services unit T-Systems, but are looking for a partner to expand the subsidiary&#39;s international presence.
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Deutsche Telekom AG, Europe&#39;s largest phone company, plans to buy out investors in its T-Online Internet division in a transaction worth about 2.9 billion euros ($3.
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Deutsche Telekom is ready to make acquisitions in the mobile communications sector, and could finance them by selling non-core activities such as Club Internet in France, the head of the German telecoms giant said Thursday.
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Germany is selling a E4.45 billion (R36.12 billion) stake in Deutsche Telekom, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds EU limits ...
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(InfoWorld) - The T-Mobile brand could soon be coming to a market near you. As part of a strategy to revive profits, Deutsche TelekomÂ intends to expand its T-Mobile cellular business in markets in which the German telecommunications group is already offering fixed-line services and possibly in entirely new markets, the company said Thursday. T-Mobile is already one of the largest mobile phone operators in western Europe and the U.S. Its T-Mobile USA subsidiary has emerged as the group's main growth engine. Deutsche Telekom "does not rule out acquisitions" as part of its expansion strategy, it said. Acquiring the Dutch mobile phone subsidiary of France's Orange could be part of that strategy. The company is rumored to be among the bidders for the Dutch company, the smallest of four operators in the Netherlands. The new strategy carries the signature of RenÃ© Obermann, newly appointed CEO of Deutsche Telekom and the former head of the group's mobile phone business. Obermann is under pressure to tap new areas of growth to offset falling prices for mobile phone calls in mature markets such as Germany and the U.S. and to counter stiff competition from providers of fixed-line telephone services, particularly new VOIP (voice over Internet Protocol) service providers. More than 2.3 fixed-line customers defected to rivals last year. Obermann's new strategy also includes selling several business units, including the French and Spanish ISPs (Internet service providers) Club Internet and Ya.com and the T-Systems Media & Broadcast unit. In addition, the CEO hopes to find an international "strategic partner" for its T-Systems subsidiary. T-Systems provides IT services to about 60 multinationals and 160,000 smaller companies. The Frankfurt-based unit, which also operates and maintains Deutsche Telekom's global telecommunications network, was established a few years ago following the merger of DaimlerChrysler's IT outsourcing unit, Debis Systemhaus, and the systems integration activities of the German network operator. Last year, T-Systems acquired Gedas, the former computer services subsidiary of German car maker Volkswagen. Gedas has 12 subsidiaries around the world, including Brazil, China, Japan, and the U.S. Most of these are located in automobile manufacturing centers. By the end of 2010, Deutsche Telekom hopes to have 1.5 million customers for its new IPTV (Internet Protocol television) service. The operator intends to have 50 cities connected to its new VDSL (Very high bit-rate Digital Subscriber Line) network next year, with an additional 750 towns to linked via ADSL2+ (Asymmetric DSL) technology. Deutsche Telekom's VDSL network has been a contentious issue with regulators in Brussels. On Monday, the European CommissionÂ threatened the German governmentÂ with legal action unless it scraps a new law thatÂ protects Deutsche Telekom from competitionÂ in the broadband Internet access market. The Commission's action focuses on specific amendments in the German law that effectively exempt the German operator VDSL network from competition. The amendment was requested by the company, which is still partly owned by the German state. Â
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Deutsche Telekom (DTEGn.DE) said on  Monday its mobile phone division T-Mobile USA had agreed to buy  SunCom Wireless for about $1.6 billion.
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Germany's dominant Internet service provider, Deutsche Telekom (DTEGn.DE) unit T-Online International (TOIGn.DE) has launched its no-frills brand Congster in a fight back against German low-cost rivals.
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Deutsche Telekom, the German telecommunications giant, indicated for the first time that it is considering reintegrating its publicly listed Internet arm, T-Online.