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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

DEUTSCHE TELEKOM AG

(DTE)
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Deutsche Telekom : VSE NET and Deutsche Telekom cooperate in the Saarland

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04/25/2019 | 07:53am EDT
  • About 400,000 households in the Saarland receive internet access of up to 100 Mbit/s
  • Deutsche Telekom and VSE NET use each other's infrastructure
  • Cooperation to start in May 2019

More customers can now take advantage of the Deutsche Telekom offerings and, in turn, those of VSE NET and energis highspeed. Some 400,000 households in the Saarland will have internet access of up to 100 Mbit/s from May 2019.

Deutsche Telekom will use VSE NET's infrastructure in the Saarland in future while VSE NET with energis highspeed will use Deutsche Telekom's infrastructure. VSE NET signed a corresponding agreement with Deutsche Telekom.

The network expansion opens up regional fiber-optic lines to the cabinets (FTTC) and the nearshore areas, delivering internet speeds of up to 100 Mbit/s to the connected households.

'This kind of cooperation is good for our customers because they can use high-speed internet connections. The collaboration also pays dividends for the regional network operators, allowing them to make better use of their infrastructure,' said Dr. Dido Blankenburg, Representative of the Deutsche Telekom Board of Management for Broadband Cooperation (for further information on Deutsche Telekom's cooperation strategy, please see also Dido Blankenburg's 'Management unplugged (German) ').

Ingbert Seufert, managing director of VSE NET GmbH, stressed 'that VSE NET will continue to push forward with network expansion as a regional infrastructure service provider. Cooperation with strong partners such as Deutsche Telekom paves the way for comprehensive products and services.

'We're delighted that this cooperation now allows us to offer high-speed internet from energis throughout the Saarland. Even more customers will benefit from the compelling offering of electricity, natural gas and energis highspeed,' says Michael Dewald, managing director of energis GmbH.

The offering is marketed at Deutsche Telekom through the 'Magenta Home Regio' products; energis highspeed is available with the familiar internet and combined offerings.

This is the first cooperation between network operators in the Saarland. Deutsche Telekom has already concluded similar agreements with other partners in Germany. Network operators agree that further fiber-optic expansion is only possible by working together.

Disclaimer

Deutsche Telekom AG published this content on 25 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2019 11:52:14 UTC

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Financials (€)
Sales 2019 79 090 M
EBIT 2019 10 932 M
Net income 2019 4 420 M
Debt 2019 54 731 M
Yield 2019 4,92%
P/E ratio 2019 17,07
P/E ratio 2020 14,79
EV / Sales 2019 1,61x
EV / Sales 2020 1,54x
Capitalization 72 784 M
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Number of Analysts 23
Average target price 16,8 €
Spread / Average Target 10%
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Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Christian P. Illek Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
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