All Timotheus Höttges articles – Page 7
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Network & Infrastructure
DT picks Brookfield and DigitalBridge as EU tower allies
Group agrees sale of 51% stake in Austrian and German towers business.
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Strategy & Change
Drahi returns to BT spotlight amid fresh takeover speculation
All eyes on French billionaire as six-month ban on BT takeover bid expires tomorrow.
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Operations
Deutsche Telekom retains Russian presence
Reports indicate hundreds of employees remain in St. Petersburg, two months after software development was said to be moved elsewhere.
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Network & Infrastructure
OTE passes 650,000 premises with full fibre
Plan to pass three million premises by 2027 looks on track. Broadband upgrades to premises outside FTTP footprint gather momentum. Rival Vodafone Greece announces “acceleration” of fibre access rollout.
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Partnerships & Alliances
DT expands SKT tie-up to metaverse and beyond
Deutsche Telekom and SK Telecom map out new areas for cooperation. Tests of SKT’s metaverse platform expected in Germany by end 2022.
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People
Fries 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&A
DT 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 & Change
DT’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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Premium
Deutsche 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 Affairs
DT 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 Affairs
Álvarez-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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Premium
DT 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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Premium
DT 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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Premium
DT 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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Premium
Deutsche 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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Operations
Deutsche 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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Operations
DT 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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People
Höttges 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 & Performance
DT’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 ...