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Douglas Busvine

Exclusive: Deutsche Telekom freezes 5G deals pending Huawei ban decision

Dec 04 2019

BERLIN Deutsche Telekom has put all deals to buy 5G network equipment on hold, it said on Wednesday, as it awaits the resolution of a debate in Germany over whether to bar Chinese vendor Huawei on security grounds.

Mediaset could raise ProSieben stake to 20%, doesn't plan tender offer

Nov 15 2019

BARCELONA Mediaset could raise its stake in German broadcaster ProSiebenSat.1 to 20% but does not plan to launch a tender offer, Chief Financial Marco Giordani said on Friday, describing the investment as a defensive one.

ProSieben says merger with Mediaset wouldn't work

Nov 14 2019

BARCELONA German broadcaster ProSiebenSat.1 is more interested in collaborating in digital growth areas than in a full-blown merger, Chief Executive Max Conze said on Thursday after Italy's Mediaset raised its shareholding.

Deutsche Telekom says U.S. deal hedges pushed up debt in third quarter

Nov 13 2019

BARCELONA Deutsche Telekom slipped out of its comfort zone on leverage in the third quarter due to paper losses on hedges taken out to pay for U.S. unit T-Mobile's acquisition of Sprint , CEO Tim Hoettges said on Wednesday.

Deutsche Telekom, on lookout for towers partners, heaps praise on Cellnex

Nov 13 2019

BARCELONA Deutsche Telekom is keen to float or find a partner for its mobile towers assets, Chief Executive Tim Hoettges said on Wednesday, lavishing praise on Spain's Cellnex for its role in developing the telecoms infrastructure business.

TeamViewer core profits rise 95% in first results since IPO

Nov 11 2019

German software company TeamViewer , which floated recently in Europe's biggest initial public offering of 2019, on Monday reported a near-doubling in core profits and an expansion of margins, lifting its shares. | Video

Prosus unit to invest up to $400 million in Frontier Car Group

Nov 11 2019

BERLIN Prosus classifieds unit OLX Group will invest up to $400 million in Berlin-headquartered used car trading platform Frontier Car Group (FCG) and combine their operations across emerging markets.

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