All Timotheus Höttges articles – Page 13
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Premium
DT 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&A
Deutsche 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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Partnerships & Alliances
Aldi enters smart home space with DT tie-up
Entry-level SmartHome Magenta package to be made available on online shelves. Tie-up with Germany’s discount supermarket chain will no doubt be watched closely by smart-home rivals.
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Premium
Telekom taps utilities for fibre expansion
German NatCo is intent on using existing infrastructure to accelerate fibre build. Gopalan set on forming good relations with German municipalities.
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Corporate
DT sees shareholder dissent over exec pay: report
Georgeson flags DT among big European companies facing increased dissent from institutional investors over exec remuneration. BlackRock unhappy about growing trend among firms to contrive large bonuses from changing previously agreed performance metrics. Unclear if DT falls into this category.
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Products & Services
DT to cut its losses on De-Mail, says partner
Encrypted mail service De-Mail, described by Timotheus Höttges as a “dead horse” earlier this year, dropped by Telekom Deutschland according to partner Web.de. NatCo will cease its offering by end of August 2022, a decade after launch, citing a “lack of profitability”.
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People
Sievert ranked highest paid US telco CEO
T-Mobile US CEO overtakes previous US telecoms front-runner Mike Fries. Sprint takeover turbo charges DT executive compensation in FY20.
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Strategy & Change
Elsewhere in Telefónica Group: Álvarez-Pallete blasts regulatory framework
Álvarez-Pallete blasts “outdated” European regulations.
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Network & Infrastructure
Cell Broadcast readied in Germany’s post flood re-build
The long-mooted Cell Broadcast warning system gets preliminary greenlight from German government in response to apparent vulnerabilities exposed during July’s flash floods. Deutsche Telekom already has its hand up as a bidder for any government tender for the infrastructure project, worth an estimated €40m. O2, Telekom Deutschland, and Vodafone ...
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M&A
Höttges “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 & Change
From Bonn to Bellevue: DT CEO Höttges visits TMUS HQ
In a break from virtual meetings, TMUS CEO Mike Sievert hosts Höttges. Much to discuss between parent and NatCo, but talks were said to focus on innovation and serving consumers and businesses. No signs yet of TMUS and DT collaboration on trans-Atlantic B2B. Are Sprint International assets part of ...
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Premium
Deutsche Telekom cranks gears for Dutch exit
TMNL sales process reportedly whirs into action; several private equity players circling. Mixed signals on valuation.
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Strategy & Change
Elsewhere in Deutsche Telekom Group: Höttges’ Euro warning
Höttges warns of European vulnerability in fragmenting world.
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Financial & Performance
DT’s top team drops €4m on shares
Leadership puts money where its mouth is following ambitious mid-term strategy update. German operator seeking to boost T-Share perceptions and align with T-Mobile US’ rising valuation.
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Strategy & Change
Nemat maps out ‘hyperscaler-plus’ ambition
Group Head of Technology & Innovation uses Capital Markets Day presentation to frame DT as increasingly “hyperscaler-like” on speed-to-market. Addition of “telco-grade” voice and network security, argues Nemat, gives DT advantage over big tech. Exec lauds “superior production model” compared with European peers. Greater network automation presented as key ...
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Premium
DT’s deal-maker Langheim studies his share options
The long journey to the top in the USA is not yet complete, but DT’s message is that patience is paying off and reiterates plans to take the number-one slot. European portfolio reshaping in pipeline, with Dutch “crown jewel” TMNL prepped for ownership rejig and carve-out of “kingmaker” tower ...
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Strategy & Change
Gopalan puts Telekom on high fibre diet for FTTP gains
FTTP opportunities and cost burden unsurprisingly top of agenda at Capital Markets Day. New TDE Chief Executive unveils multi-faceted plan to free cash and resource for pivotal mega-project. FibreCo JV, vendor rejig, and bigger capex pot among plans to fuel FTTP “acceleration”.
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Strategy & Change
Deutsche Telekom: Capital Markets Day
Capital Markets Day presentations show Group continuing to flourish thanks to big, correct calls over last decade. Group seeks to boost T-Share perceptions and better align itself with T-Mobile US’ rising valuation. Leadership puts money where its mouth is with bulk share buyup following ambitious mid-term strategy update. Höttges ...
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Premium
DT looks forward to big payday from US “racehorse”
Praise and pragmatism for American powerhouse at Capital Markets Day. No clues on timing for securing NatCo majority, but Group not in a hurry. New twist in relationship as NatCo and Group collaborate on B2B services. “Trans-Atlantic synergies” boost TMUS enterprise plan. Sprint International assets left hanging amid B2B ...
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Strategy & Change
Höttges 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.