All Timotheus Höttges articles – Page 11
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PeopleFries outstrips Read on earnings front
Liberty Global CEO Mike Fries took home $62m in FY21, putting him ahead of peers at fellow large telcos including Vodafone’s Nick Read.
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M&ADT hoping for speedy resolution amid ‘multiple’ tower bids
Future of Deutsche Funkturm to be determined following bids from various parties, with American Tower, Cellnex, KKR, and Vantage Towers all named. DT apparently keen to seal a deal sooner rather than later. Despite previous intent to complete full sale, minority option remains “attractive”.
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Strategy & ChangeDT’s Greek epic: 50% OTE ownership marker in sight
DT’s stake in Greek incumbent continues to inch upwards. Albeit recently a passive development, driven by OTE corporate treasury activity, the development chimes with numerous recent signals by Group management of its commitment to Greece and willingness to raise investment. DT’s third largest market.
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PremiumDeutsche Telekom people moves: Appel takes chairmanship
New Chairman Appel confirmed despite shareholder criticisms. Europe’s Leroy completes management team with B2B Growth appointment. Magenta TV boss Schuld leaves the Group, with interim replacement in line. Makedonski Telekom’s CTIO Jovanović exits.
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People“Stability and continuity” key as Al-Saleh extends T-Systems stay
Chief Executive agrees to continue leading the business until at least 2027. Will guide T-Systems through “the next phase” following four-year transitional period.
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Public AffairsDT stops software development in Russia
Operator confirms closure of St. Petersburg development centre in response to Ukraine crisis. “Many” of DT’s thousands of employees have left Russia.
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Public AffairsÁlvarez-Pallete lambasts regulators for being stuck in the past
If WhatsApp et al are not regulated, then neither should Telefónica, he says. Álvarez-Pallete accuses Spanish regulator of dragging its feet over reforms.
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PremiumDT Q4 FY21: Europe spend still on pause despite more decent data
New regional CEO Dominique Leroy kicks off leadership with a full FY of earnings growth. Nonetheless, DT remains unwillingly to up investment in region. Executives give downbeat assessment of regulatory and macro climate. Greece’s OTE and Austria’s Magenta Telekom among top performers.
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PremiumDT Q4 FY21: Leadership of Europe? Done that, got the T-shirt
Another strong year of growth for Group, led by USA. As Sprint integration progresses, DT targets €10bn in free cash flow for current year. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition ...
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PremiumDT Q4 FY21 Headlines: cash flow back on course, before spectrum
Headlines: cash flow back on course, before spectrum Source: Aaron Burden / Unsplash The Group’s FY21 results again drove home the dramatically increased scale and power of DT’s Transatlantic platform, following the Sprint takeover. DT ended the FY strongly, recording a 4.7%-rise in net revenue, to €28.9bn, ...
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PremiumDeutsche Telekom people moves: cloud changes at T-Systems
T-Systems’ Cloud Services department makes changes across accounts, with movements in Automotive and Public Transport verticals. Krämer replaces Fleutiaux in senior T-Sys spot. Google Cloud partnership gets new frontman in Queck. TMUS integrates rideshare acquisition Octopus Interactive. Wide-reaching leadership team rework at TMUS heightens focus on enterprise and targets ...
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OperationsDeutsche Telekom puts tower business up for sale
Group said to be prepping auction of 40,600 masts with an €18 billion price tag attached. Cellnex and American Tower reportedly putting together offers.
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OperationsDT opts for second-choice Deloitte as new auditor
Deloitte given mandate to replace incumbent PwC. Proposal to be put to shareholders in April, and comes after disrupted, three-year selection process. DT drops one-off management bonus option after stockholder criticism.
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PeopleHöttges steps down from Henkel board
DT CEO gives up another Supervisory Board seat following Bayern Munich exit. Höttges said to have announced Henkel decision internally back in September 2021.
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Financial & PerformanceDT’s FY21 report: events intervene but an empowered Höttges talks tough on towers
Another strong year of growth for Group, led by USA. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition of DT assets’ worth. Muddiness on future of BT holding. Inflationary pressures said to ...
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Strategy & ChangeDT prepared to scale back Russian hub amid crisis
DT has thousands of employees in Russia. CEO indicates the Group could shift staff and operations away from St. Petersburg software development function, in response to Ukrainian crisis. Tasks could be shifted to other digital hubs in India or eastern Europe. Crisis brings centre’s expansion plans to an ...
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Network & InfrastructureHöttges gives OTE personal vote of confidence
Hails “growth prospects” of Greek operator on FTTP field visit to Athens. Says Greece is “very significant” to Deutsche Telekom.
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Public AffairsEU operator heavyweights want media players to pay their way
Top brass at Deutsche Telekom, Orange, Telefónica, and Vodafone get shirty (again) over network investment “burden”. Sign off on open letter accusing video streaming, gaming, and social media groups of ‘piggybacking’ unfairly. Urgently call on European legislators to introduce rules for a “more proportionate” way of divvying up ...
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Network & InfrastructureDT lays siege to Vodafone Germany’s cable MOB redoubt
Vodafone just can’t catch a break, with even German stronghold tormented by reinvigorated DT in aggressive housing association fibre overbuild play. Double whammy as new laws tear open cushy supply agreements. Vodafone banks on client ennui to minimise imminent damage. DT dismissive, even derisive, of Vodafone’s defence.
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Network & InfrastructureDT making strides in flash flood recovery
About 97% of flood-damaged fixed lines to be repaired by the end of 2021. Construction of FTTP network in areas where lines cannot be restored.