FRANKFURT Dec 17 The German government is
considering options to lend support to Deutsche Telekom
to enable the phone company to spend more on its
broadband networks, Handelsblatt reported on Monday, citing
Bonn-based Deutsche Telekom may be spared having to pay a
dividend to Germany's state-owned investment bank KfW
and instead issue new shares, the newspaper said.
Germany owns a 15 percent direct stake in Deutsche Telekom
as well as a 17 percent indirect stake through KfW.
A decision has not yet been taken on the matter,
Handelsblatt reported. A spokesman for the Berlin-based ministry
was not immediately available for comment.
"Whether or not a shareholder will endorse such a dividend
in kind is up to the shareholder himself," a Telekom spokesman
Deutsche Telekom said on Dec. 7 it would increase its annual
investments by more than 1 billion euros ($1.3 billion) to 9.5
billion in 2015, compared with an estimated 8.3 billion euros
this year, rolling out faster broadband and next-generation 4G
networks, as it also cut its dividend by almost 30 percent.
($1 = 0.7628 euros)
(Reporting by Till Weber; Writing by Andreas Cremer; Editing by