Deutsche Telekom looking for T-Systems partner

16 Apr 2007

German incumbent Deutsche Telekom (DT) hopes to find a partner for its IT services unit T-Systems ‘as quickly as possible,’ board member Lothar Pauly told the daily Frankfurter Allgemeine Zeitung last week. In particular, Deutsche Telekom is looking for a partner for T-Systems’ enterprise services division, which provides IT services to multi-national companies and public sector clients. The business accounts for two thirds of T-Systems’ total annual sales of EUR12.6 billion (USD17 billion) and its 55,000-strong workforce. Pauly insisted that a straightforward sale of the business ‘is not an option,’ but added that DT did not want to restrict its choices in its search for a partner by insisting on a majority stake. ‘But it is important for us that we maintain a significant stake in the new company,’ Pauly said. In the past, French groups Atos Origin and CapGemini and US-based EDS have all been mooted as possible partners for T-Systems.

Germany, Deutsche Telekom (DT), T-Systems Brasil