DT plans to combine fixed, mobile units

26 Feb 2009

German telecoms giant Deutsche Telekom (DT) plans to integrate its domestic fixed line and mobile businesses, according to Financial Times Deutschland. Sources within the company have reported that DT’s goal is to strengthen its technology, streamline its portfolio and boost its packages offering wireless phone, internet access and internet protocol television (IPTV). The plans will be presented to DT’s supervisory board this week, and the result will be announced on Friday, along with the incumbent’s annual results. The restructuring would make the unnamed CEO of the combined entity responsible for around half of the company’s current EUR60 billion (USD76.87 billion) in revenues, and according to company sources, would not result in any job cuts. The DT group began integrating its wireless and fixed line business two years ago when Rene Obermann became chief executive, combining sales and distribution into its Sales & Service division with the aim of halting customer losses and improving its service.