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Key Developments: Deutsche Telekom AG (DTEGn.DE)

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Latest Key Developments (Source: Significant Developments)

Deutsche Telekom AG and Colt Technology Services sign five-year partnership
Thursday, 19 Feb 2015 05:00am EST 

Deutsche Telekom AG:Deutsche Telekom and Colt announce five-year partnership.Deutsche Telekom International Carrier Sales & Solutions and Colt Technology Services announced five-year partnership covering international telephony services.Colt and Deutsche Telekom benefit from lower network and voice termination costs outside their network footprint without requirement of extensive investments.  Full Article

Orange and Deutsche Telekom reach agreement with BT for divestment of 100 pct of their shares in EE
Thursday, 5 Feb 2015 02:00am EST 

Orange SA:Orange and Deutsche Telekom reached an agreement with BT for the divestment of 100 pct of their shares in EE.Parties agreed on an enterprise value of 12.5 billion pounds Orange will receive about 3.4 billion pounds in cash and a 4 pct stake in combined BT/EE entity.Deal expected to close by March 2016.  Full Article

Orange and Deutsche Telekom enter into exclusive negotiation with BT regarding the sale of EE
Monday, 15 Dec 2014 12:02pm EST 

Orange SA:Orange and Deutsche Telekom have entered into exclusive negotiation with BT Group plc (BT) regarding a potential divestment of 100 pct of their shares in EE, their joint venture in the United Kingdom.Purchase price of 12.5 bln pounds on a debt/cash free basis would be split equally between Orange and Deutsche Telekom.Consideration would be a mix of cash and new BT shares.Deutsche Telekom would hold a 12 pct stake in BT.Orange would hold a 4 pct stake in BT and receive a higher proportion of cash to preserve an equal split of the net proceeds from the sale of EE.  Full Article

Covata Ltd and NSC Global announce first joint customer project with T-Systems subsidiary of Deutsche Telekom AG
Wednesday, 3 Dec 2014 04:31pm EST 

Covata Ltd and NSC Global:Announce joint project, which delivers on the companies' existing partnership, inked earlier this year.Project advances the European go-to-market strategy for Covata Platform and marks the first milestone in working towards contractual agreement with T-Systems, subsidiary of German based ICT Company Deutsche Telekom.Covata Limited (Covata) and NSC executives, working within existing agreement, have formed tighter partnership to sell Covata Platform and provide ongoing support and development of Safe Share and future products across Europe.  Full Article

Deutsche Telekom AG confirms FY 2014 outlook
Wednesday, 5 Nov 2014 07:00pm EST 

Deutsche Telekom AG:Guidance confirmed for full FY 2014.Has confirmed its forecast for full FY 2014 in line with market expectations.Adjusted EBITDA for FY 2014 is expected to amount to around 17.6 billion euros.Says free cash flow is expected to total some 4.2 billion euros for FY.  Full Article

Iliad puts an end to its project of acquiring Deutsche Telekom AG's T-Mobile US
Monday, 13 Oct 2014 01:18pm EDT 

Iliad SA:Announces that it puts an end to its project of acquiring T-Mobile US.Says Deutsche Telekom and selected board members of T-Mobile US refused to entertain its new offer.At the end of July 2014, Iliad confirmed it had submitted to the T-Mobile US board of directors an indicative offer to purchase a 56.6 pct stake in the company.This offer was rejected.Following this rejection, Iliad put in place a consortium with two private equity funds and Tier-1 international banks allowing it to enhance the cash amount and increase the share of T-Mobile US` capital to be acquired from 56.6 pct to 67 pct.This new offer was about $36 per share.  Full Article

Deutsche Telekom AG and SugarCRM announce partnership
Monday, 6 Oct 2014 04:00am EDT 

Deutsche Telekom AG and SugarCRM Inc:Says Deutsche Telekom, with its systems solutions unit T-Systems and SugarCRM Inc announces a global reseller alliance.Says T-Systems will deploy Sugar from its secure data centers in Germany and resell the cloud-based CRM solution and services to enterprise customers.Says under the agreement, T-Systems will resell Sugar as a hosted cloud solution on T-Systems` infrastructure -serving as a valued private cloud provider in Europe.  Full Article

Salesforce.com announces strategic partnership with Deutsche Telekom - Reuters
Thursday, 3 Jul 2014 02:30am EDT 

Salesforce.com:Announces strategic partnership with Deutsche Telekom and invests for growth in Germany - Reuters.Says will expand its Munich headquarters and has opened its Berlin office.Plans to open three new data centres in Europe, including data centres in the UK and France.First European data centre expected to open in the UK in 2014 while data centres in Germany and France are expected to open in 2015.Systems will also become the primary reseller for salesforce.com's cloud services in the DACH region.  Full Article

BRIEF-Deutsche Telekom CEO says well positioned for European consolidation

* CEO says we are is well positioned for european consolidation Further company coverage: (Frankfurt Newsroom)