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Deutsche Bank reports heavy loss

2013-01-31 18:15:15| BBC News | Business | UK Edition

Deutsche Bank reports a surprise 2.2bn-euro loss in the fourth quarter of 2012 after writing off investments and setting aside money for likely litigation.

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Deutsche Telekom reportedly eyeing Fon stake

2013-01-29 01:00:00| Total Telecom industry news

Source claims German incumbent has signed letter of intent with WiFi provider as it seeks to cope with surging mobile data traffic.

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Deutsche Telekom eyes stake in Fon - report

2013-01-28 11:03:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom is considering acquiring a stake in Wi-Fi operator Fon as it looks to cope with rising mobile data demand, reports the Wall Street Journal citing unnamed sources familiar with the talks. The sources said that Telekom and Fon have already signed a letter of intent, although the size of the stake and its value are not decided. An agreement with Fon would provide a major boost to Deutsche Telekom's strategy to grow revenues from mobile data services. In Germany, it offers access to over 11,000 hotspots, while through partner networks, customers can access over 50,000 hotspots worldwide. Fon already has agreements with a number of major operators in Europe, including in Belgium, France, the UK, Portugal and most recently the Netherlands, but has yet to partner with a German operator. Fon operates nearly 8 million hotspots worldwide, based on bandwidth sharing with fixed broadband modems sold by the company or its operator partners.

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Deutsche Bank Reiterates "Hold" Rating on Sealed Air

2013-01-22 17:28:23| Industrial Machines - Topix.net

's stock had its "hold" rating reaffirmed by research analysts at Deutsche Bank in a report released on Tuesday.

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Deutsche Telekom asks for increase in ULL charges

2013-01-22 13:07:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has applied for an increase in ULL charges, saying it needs to charge a higher price in order to help finance the costs of new networks. The German operator said it asked the Federal Network Agency (Bundesnetzagentuur) to approve a monthly charge of EUR 12.37 for providing unbundled local loop (ULL) lines to alternative operators. The current charge of EUR 10.08 expires at the end of June, and the new rate would apply for three years, with an option for another three-year extension. Deutsche Telekom said the latest review of the rates provides an opportunity to create a "stable" investment environment for the long term. "We are taking European Commissioner Neelie Kroes at her word and expect specific incentives for us to invest billions of euros," said Niek Jan van Damme, head of Telekom's business activities in Germany, in a statement. Kroes proposed last year that incumbent operators could be offered more "flexible" conditions for last mile pricing, including possible price increases, in order to encourage investment in new networks and in exchange for improving equal access conditions. Deutsche Telekom currently leases out around 9.5 million ULLs.

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