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Telekom Austria AG Upgraded by Deutsche Bank to Hold
2014-10-24 17:52:50| Steel - Topix.net
Telekom Austria AG opened at 15.40 on Friday. Telekom Austria AG has a 52-week low of $14.63 and a 52-week high of $20.50.
EC fines Deutsche Telekom EUR 69.8 million
2014-10-16 09:03:00| Telecompaper Headlines
(Telecompaper) The European Commission has imposed a fine of EUR 38.838 million on Slovak Telekom and its parent Deutsche Telekom for having pursued during more than five years an abusive strategy to shut out competitors from the Slovak market for broadband services. The conclusion came after an in-depth investigation which started in 2009 for Slovak Telekom and in December 2010 for Deutsche Telekom. In particular, the EC concluded that Slovak Telekom refused to supply unbundled access to its local loops to competitors, and imposed a margin squeeze on alternative operators. Deutsche Telekom as parent company with decisive influence is also responsible for the conduct of its subsidiary; it is therefore jointly and severally liable for Slovak Telekom's fine. Deutsche Telekom also received an additional fine of EUR 31.07 million to ensure sufficient deterrence as well as to sanction its repeated abusive behaviour (recidivism) as it had already been fined in 2003 for a margin squeeze in broadband markets in Germany.
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Deutsche Telekom hit with 70m fine for abusing its position in Slovakia
2014-10-16 02:00:00| Total Telecom industry news
Slovak Telekom blocked entry of altnets into retail broadband market, European Commission rules.
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Deutsche Telekom fined $88 million by EU over antitrust breach
2014-10-15 21:23:14| Telecom - Topix.net
The European Commission's antitrust unit is fining Deutsche Telekom AG and its subsidiary Slovak Telekom a.s. a total of a 69.9 million for shutting out rivals from the Slovak market for broadband services for more than five years, in breach of EU antitrust rules, the commission said in a statement Wednesday. The total consists of two fines: one of a 38.8 million on Slovak Telekom and its parent company, Deutsche Telekom , for refusing to give access to the so-called local loop or "last mile," the final section of the network which joins telecoms cables to subscribers' homes, and an additional a 31 million fine for Deutsche Telekom alone, because it is a repeat offense after similar tactics in 2003 in Germany.
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Deutsche Telekom to avoid answering any cash calls from T-Mobile US: analysts
2014-10-14 23:58:56| IT Services - Topix.net
The French low-cost telecoms operator said late on Monday it had abandoned its attempt to buy T-Mobile because of resistance from Deutsche Telekom, becoming the third bidder to drop out in three years. ) agreed $39 billion deal to take over T-Mobile US in 2011 and also headed off this year's attempt by Sprint .
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