Deutsche Telekom plans acquisition in U.S., CEO says

Article Abstract:

Ron Sommer, the chief executive of Deutsche Telekom, said that the company is planning to make an acquisition in the US. The German phone company's profits stagnated for the 2000 first-quarter.

United States

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

Deutsche Telekom seeks another deal

Article Abstract:

Deutsche Telekom is considering making further acquisitions in order to appease regulator's concerns about the German government's share in the firm. Additional acquisitions would dilute the German government's share in Deutsche Telekom.

author: Harris, Nicole

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

This is the year Detsche Telekom must deliver a deal

Article Abstract:

This article discusses the plans of Deutsche Telekom's chief executive, Ron Sommer, for the company to become a contender in the global telecommunications market. His task is to make a company still 65% owned by the German government into a competitive enterprise. Thus he is seeking acquisitions, especially in the U.S.

author: Boston, William
Management, Sommer, Ron

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


subjects list: Planning, Telecommunications services industry, Telecommunications industry, Deutsche Telekom AG, Germany
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.