Deutsche Telekom to launch budget service

5 Jul 2007

German incumbent Deutsche Telekom (DT) is planning to launch a low-cost brand for mobile and internet services, according to a company spokesman. The new moniker, ‘Congstar’ is set for launch on 17 July 2007, although more details have not been given. DT has been struggling with falling prices for wireless calls in Germany and fierce competition in the domestic fixed-line market, with some 2.3 million fixed line clients defecting to rivals last year, and another 588,000 switching to other providers in the first quarter of 2007.

Germany, Deutsche Telekom (DT)