DT to merge domestic fixed, mobile units by early 2010, report says

4 Sep 2009

German telecoms company Deutsche Telekom (DT) plans to combine its domestic fixed line and mobile businesses in the first quarter of 2010, allowing the group to offer customers services from a single point, reports local press agency dpa. If the plan is approved by shareholders at an extraordinary general meeting to be held on 19 November this year, followed by the regulator, the Federal Network Agency (FNA), T-Mobile International will be merged into DT, making T-Mobile Deutschland a direct subsidiary of the telecoms giant. Following this, the two units T-Home and T-Mobile Deutschland will be combined into one company. The three service companies (Deutsche Telekom Kundenservice, Deutsche Telekom Technischer Service and Deutsche Telekom Netzproduktion) and retail unit Telekom Shop will then become wholly-owned subsidiaries of the newly combined entity. It is hoped the new structure will help reduce costs and will not result in job cuts, although some management posts would become redundant.

Germany, Deutsche Telekom (DT), Telekom Deutschland